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Please help me find the solution for this, thank you. Page 4 of 4 Saved Inventory Costing The following information relates to the inventory flow

Please help me find the solution for this, thank you.

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Page 4 of 4 Saved Inventory Costing The following information relates to the inventory flow of Tom's Sporting Goods 1 January - beginning inventory is 5 basketball hoops @ $56 each 3 January - purchased 7 basketball hoops @ $58 each 6 January - sold 4 basketball hoops 8 January - purchased 5 basketball hoops @ $44 each 10 January - sold 6 basketball hoops 13 January - sold 7 basketball hoops Required: a. Assuming a perpetual inventory system, use the FIFO inventory costing method to calculate the cost of the goods sold at each sale (3 dates). Format B I U

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