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! Required information CC 7 - 1 ( Algo ) Accounting for Changing Inventory Costs [ LO 7 - 3 , LO 7 - 5

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CC7-1(Algo) Accounting for Changing Inventory Costs [LO 7-3, LO 7-5]
In October, Nicole eliminated all existing inventory of cosmetic items. The trouble of ordering and tracking each product line had exceeded the profits earned. In December, a supplier asked her to sell a prepackaged spa'kit. Feeling she could manage a single product line, Nicole agreed. Nicole's Getaway Spa (NGS) would make monthly purchases from the supplier at a cost that included production costs and a transportation charge. NGS would keep track of its new inventory using a perpetual inventory system.
On December 31 of last year, NGS had 15 units at a total cost of $5.00 per unit. Nicole purchased 20 more units at $7.00 in February. In March, Nicole purchased 15 units at $9.00 per unit. In May, 50 units were purchased at $8.80 per unit. In June, NGS sold 50 units at a selling price of $11.00 per unit and 35 units at $12.00 per unit.
CC7-1(Algo) Part 2
2. Compute the Cost of Goods Available for Sale, Cost of Goods Sold, and Cost of Ending Inventory using the first-in, first-out (FIFO) method. (Round "Cost per Unit" to 2 decimal places.)
Answer is complete but not entirely correct.
\table[[FIFO (Perpetual),Units,\table[[Costper],[Unit]],Total],[Beginning Inventory,1505,5.00vv,75],[Purchases],[February,20vv,7.00,],[March,155,9.00>,],[May,50$,8.80,],[Net Purchases,85,,715],[Goods Available for Sale,100,,790
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