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Shown below is activity for one of the products sold by Evans Office Supply January 1 balance, 680 units @ $55 per unit $37,480 Purchases:

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Shown below is activity for one of the products sold by Evans Office Supply January 1 balance, 680 units @ $55 per unit $37,480 Purchases: January 10: 680 units a $60 per unit January 20: 1,190 units 562 per unit Sales: January 12 350 units January 28: 820 units Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Detroit uses LIFO and a perpetual inventory system Ending inventory Cost of goods sold

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