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The periodic inventory records of Flexon Prosthetics indicate the following for the (Click the icon to view the inventory records.) At December 31, Flexon counts

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The periodic inventory records of Flexon Prosthetics indicate the following for the (Click the icon to view the inventory records.) At December 31, Flexon counts five units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Flexon using FIFO Cost Ending Merchandise Inventory Data Ta Cost of Goods Sold Dec. 1 Dec. 8 Dec. 15 Dec. 26 -Flexon using the FIFO inventory costing method. Data Table Dec. 1 Beginning merchandise inventory Dec. 8 Purchase 8 units @ $45 each 10 units @ $54 each 13 units @ $55 each 15 units @ $61 each Dec. 15 Purchase Dec. 26 Purchase Print Done

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