Toso Company uses the periodic inventory system to account for inventories. Information related to Toso Company's inventory at October 31 is given below: Date Units Amount per Unit Total Beginning Inventory 400 Units @ 10.00 4,000.00 Purchase 800 Units @ 10.40 8,320.00 Purchase 600 Units @ 10.80 6,480.00 Purchase 200 Units @ 11.60 2,320.00 Ending inventory has 550 units remaining. The cost of the ending inventory using the FIFO cost assumption is 6,100 Calculate Cost of Goods Sold: 6,380.00 27,220.00 15,020.00 19,220.00 Shandy Shutters has a periodic inventory system and has the following inventory information Date Units Amount per Unit Total November 1 80 Units @ 65.00 5,200.00 Purchase 150 Units @ Purchase 200 Units @ Purchase 120 Units @ 69.00 10,350.00 71.00 14,200.00 76.00 9,120.00 On November 30 there are 150 units on hand. Using FIFO method, What is the cost of Ending Inventory? 11,250.00 41,800.00 11,400.00 9,120.00 Graham Company uses a periodic inventory system. Details for the inventory account for the month of January 2020 are as follows: Units Per unit price Balance, 1/1/20 400 $5.00 Total $2,000 Purchase, 1/15/20 200 5.30 1,060 Purchase, 1/28/20 200 5.50 1,100 The company sold 742 units. How many units are in ending inventory? 800 Units 742 Units 1,542 Units 58 Units