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Rogers made few purchases and few sales for apple iPod. Calculate the Gross profit and Cost of Goods Sold for Apple iPod for Rogers for

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Rogers made few purchases and few sales for apple iPod. Calculate the Gross profit and Cost of Goods Sold for Apple iPod for Rogers for the month of Jan by using perpetual inventory system (20 pts) a. FIFO (10 Pts) b. Moving Weighted Average Method (10 pts). Round off the figures. Date Inventory Units Price $ Jan 1 Beg. Inventory 311@ 120 (C.P) Jan 7 Purchases 80@ 120 (C.P) Jan12 Sales 200@ 250 (S.P) Jan 15 Sales 120 @ 270 (S.P) Jan 24 Purchases 80 @ 100 (C.P) Jan 28 Sales 85 @ 27015

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