Schedule of Cost of Goods Sold FIFO Method Prepaid Cell Phones Date Dec. 1 Dec. 10 Cost of Cost of Purchases Purchases Purchases Goods Sold Goods Sold Quantity Unit Cost Total Cost Quantity Unit Cost Cost of Goods Sold Inventory Inventory Inventory Total Cost Quantity Unit Cost Total Cost Dec. 12 Dec. 14 Dec. 20 Dec. 31 Dec. 31 Balances 888 888 0 000