The periodic inventory records of Flexon Prosthetics indicate the following for the month of July: (Click the icon to view the inventory records.) At July 31, Flexon counts four units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Flexon using the FIFO inventory costing method. FIFO Cost Ending Merchandise Inventory Cost of Goods Sold The periodic inventory records of Flexon Prosthetics indicate the following for the month of July: (Click the icon to view the inventory records.) At July 31, Flexon counts four units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Flexon using the FIFO inventory costing method. FIFO Cost Ending Merchandise Inventory Cost of Goods Sold