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Roro Company has a beginning inventory of 1000 units at a cost of $10,000 on January 1, 2020 during the January following transactions related to

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Roro Company has a beginning inventory of 1000 units at a cost of $10,000 on January 1, 2020 during the January following transactions related to inventory Flow has been occurred Jan 8 purchased 500 units at a cost of $12 per units Jan. 15 purchased 600 units at a cost of $11 per unit Jan. 26 purchased 300 units a at of cost $10 per unit Jan. 30 purchased 100 units at a cost of $9 per unit During January total sales were 2200 units at a selling price of 515 per unit Required: using FIFO Method and WA Method computer 1. Cost of goods sold 2. Ending Inventory 3. Gross Profit Roro Company has a beginning inventory of 1000 units at a cost of $10,000 on January 1, 2020 during the January following transactions related to inventory flow has been occurred Jan. 8 purchased 500 units at a cost of $12 per units Jan. 15 purchased 600 units at a cost of $11 per unit Jan. 26 purchased 300 units a at of cost $10 per unit Jan. 30 purchased 100 units at a cost of $9 per unit During January total sales were 2200 units at a selling price of $15 per unit Required: using FIFO Method and WA Method compute: 1. Cost of goods sold 2. Ending Inventory 3. Gross Profit

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