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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

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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