The periodic inventory records of Wexton Prosthetics indicate the following for the month of December:

View the inventory records.

At December $31,$ Wexton counts four units of inventory on hand.

Compute ending merchandise inventory and cost of goods sold for Wexton Prosthetics using the FIFO inventory costirif method.

FIFO Cost

Inventory records

Ending Merchandise Inventory

Cost of Goods Sold

$\backslash$table$[[$Dec$.1,$Beginning merchandise inventory,$8$ units @ $$25$ each$],[$Dec$.8,$Purchase,$15$ units @ $$20$ each$],[$Dec$.15,$Purchase,$15$ units @ $$32$ each$],[$Dec$.26,$Purchase,$12$ units @ $$35$ each$]]$