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Sandhill Co. uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts in the following perpetual inventory record: (Round cost

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Sandhill Co. uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts in the following perpetual inventory record: (Round cost per unit to 2 decimal places, eg. 52.75.) Purchases Cost Of Goods Sold Inventory Date Units Cost Total Units Cost Total Units June 1 Beginning Inventory 240 $25.70 $6,168 7 430 $22.00 $9.460 18 240 $ $ 130 $ $ 370 26 350 $20.20 $7,070 inventory record: (Round cost per unit to 2 decimal places, e.g. 52.75.) Inventory Balance Total Units Cost Total 240 $25.70 $6,168 $ $ $ $ $ $ $ $ $ $ $ $

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