Question 1 (6 marks) Cocker & Co. made purchases of a particular product in the current year as follows: Beginning... Feb. 22. Jul. 11 Dec. 11 125 units @ $46/unit = $ 5,750 275 units $51/unit = 14,025 340 units $49/unit = 16,660 280 units @ $50/unit =14,000 1.020 units $50,435 Totals Bold Required Ending inventory consists of 325 units. Assuming a periodic system, determine the costs to be assigned to cost of goods sold and ending inventory under FIFO.