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Swifty Company sells one product. Presented below is information for January for Swifty Company. Jan. 1 Inventory 107 units at $5 each 84 units at

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Swifty Company sells one product. Presented below is information for January for Swifty Company. Jan. 1 Inventory 107 units at $5 each 84 units at $8 eaclh 11 Purchase 146 units at $6 each 118 units at $9 each 20 Purchase 153 units at $7 each 4 Sale 13 Sale 27 Sale 89 units at $10 each Swifty uses the FIFO cost flow assumption. All purchases and sales are on account

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