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Ferris Company began January with 9,000 units of its prin transactions for the month of January are as follows: Date of Purchase Jan. 10 Jan. 18 Totals Units 6,000 9,000 15,000 Purchases Unit Cost* $ 9 10 Tota $ 54 90 144 * Includes purchase price and cost of freight. Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Total Units 5,000 3,000 6,000 14,000 10,000 units were on hand at the end of the month. uired: lculate January's ending inventory and cost of goods sold for Cost of Goods Available for Sale Cost of Goo Cnet of to the questions displayed below.) th 9,000 units of its principal product. The cost of each unit is $8. nary are as follows: Purchases Unit Cost* $ 9 10 Total Cost $ 54,000 90,000 144,000 t of freight end of the month. and cost of goods sold for the month using FIFO, perpetual system. Ferris Company began January with 9.000 units of its principal product. Th transactions for the month of January are as follows: Date of Purchase Jan. 10 Jan. 18 Totals Units 6,000 9,000 15,000 Purchases Unit Cost* $ 9 10 Total Cost $ 54,000 90,000 144,000 * Includes purchase price and cost of freight Sales Date of Sale Units