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Use the following to answer questions 7 - 17 During September, the company sells 960 watches for $239.75 each. The company has the following

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Use the following to answer questions 7 - 17 During September, the company sells 960 watches for $239.75 each. The company has the following inventory purchase transactions for September: Date Transaction # of Units Unit cost Total Cost 1-Sep Beginning Inventory 100 $157.00 $15,700 4-Sep 24-Sep Purchase Purchase 550 $161.00 88,550 350 $162.00 56,700 1,000 $160,950 7. $ What were company's sales for the period? For questions 8-10 assume the company uses First-in, First-out (FIFO) inventory valuation. 8. $ Calculate ending inventory (FIFO)

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