1. Shown below is the activity for one of the products of Random Creations: January 1 balance, 80 units @ $50

Date	Event	Number of Units	Cost per Unit ($)
Dec/02	Purchase	100	5
Dec/05	Sale	110	N/A
Dec/10	Sale	50	N/A
Dec/18	Purchase	100	5.5

Calculate the CGS and End Inventory using:

• FIFO Perpetual
• Average Cost Periodic