Required informotion [The following information apples to the questions displayed below] A compary began January with 8.000 units of its principal procuct The cost of each unit is $6. foveritory tarisuctions for the month of January are as follows *indudes putchase price and cost of freight 12.000 units wete on hand at the ers of the monti 12,000 units were on hand at the end of the month. 4. Calculate January's ending inventory and cost of goods sold for the mont end of the month. and cost of goods sold for the month using Average cost, periodic system