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Shown below is the activity for one of the products of Random Creations: January 1 balance, no units esse 54,000 Purchases: January 18: 4 units
Shown below is the activity for one of the products of Random Creations: January 1 balance, no units esse 54,000 Purchases: January 18: 4 units 551 January 28 40 units 352 Sales: January 12 10 units January 22: > units January 31: 45 units Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses LIFO and a periodic Inventory system Ending Inventory Com of goods sold
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