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Required information [The following information apples to the questions displayed below] A company began January with 7,000 unis of its principal product. The cost of

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Required information [The following information apples to the questions displayed below] A company began January with 7,000 unis of its principal product. The cost of each unit is 58 . Inventory transactions for the month of Jansary are as follows *inciudes purchase price and cost of freight. 10.000 unts were on hand at the end of the monts. 4. Calculate Jaruary ending inventory and cost of goods sold for the month using Average cost, periodic system

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