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Using the FIFO method, calculate the cost of ending inventory and cost of goods sold for Carrington Corporation. E: (Click the icon to view the

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Using the FIFO method, calculate the cost of ending inventory and cost of goods sold for Carrington Corporation. E: (Click the icon to view the data.) Data Table The cost of ending inventory is $ The cost of goods sold is Quantity Unit Cost 120 $ 8.00 $ 180 $ 10.00 $ Total 960 Beginning inventory Purchases 1,800 Goods available for sale 300 50 Ending inventory 250 Cost of goods sold Print Done

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