Perpetual System ---Calculating Ending Inventory and cost of Sales using FIFO Upland Co.'s inventory records showed the following data accounted for in a perpetual inventory system. Date Units Unit Cost June 1 Inventory 1.600 $8.00 June 3 Purchases 3,200 8.40 June 7 Sales (at $16 per unit) 2.240 June 20 Purchases 2.176 9.00 June 22 Sales at 316 per unit) 3.520 What is (a) ending inventory on June 30, and (b) cost of goods sold for June, using the FIFO inventory method? Note: Round your final answers below to the nearest whole dollar a. Ending inventory on June 30$ b. Cost of goods sold for junes Previous Save Answers