Umework i Watch Pan-shau Launch Meeting - Saved Help Save & Exit Submit Required information [The following information applies to the questions displayed below.) Check my work Ferris Company began January with 6,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the month of January are as follows: Purchases Unit Cost Date of Purchase Jan. 10 Jan. 18 Totals $ Units 5,000 6,eee 11,000 9 le Total Cost $ 45, eee 60, eee $185, eee Includes purchase price and cost of freight. aces Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Total Units 3, eee 2,000 4,000 9,000 8,000 units were on hand at the end of the month. Activate Windows Go to Settings to activate Windows Homework i Saved Help Save & Exit Submit Check my work Ovu un VCIC VI Turu CHU VILICU ILI 5. Calculate January's ending inventory and cost of goods sold for the month using Average cost, perpetual system. (Round average cost per unit to 4 decimal places. Enter sales with a negative sign.) Perpetual Average Inventory on hand # of units Cost per Inventory unit Value Cost of Goods Sold # of units Avg.Cost Cost of sold per unit Goods Sold $ 0 01 Beginning Inventory Sale - January 5 Subtotal Average Cost Purchase - January 10 Subtotal Average Cost Sale - January 12 Subtotal Average Cost Purchase - January 18 Subtotal Average Cost Sale - January 20 Total 0 10 10 0 0 0 0 es 0 0 0 Activate Windows Go to Settings to activate Windows 14 of 14 !! Next >