Schedule of Cost of Goods Sold FIFO Method Purchases Cost of Goods Sold Inventory Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Jan. 1 Apr. 19 3,800 X 2,400 42 100,800 x x X x X June 30 4,700 45 211,500 Sept. 2 Nov. 15 2,500 46 115,000 Dec. 31 Balances X X 4,700 X 45 X 211,500 X 5,500 X 45 24,750 X X x x x x