The following is a list of inventory items purchased on specific dates. There was no inventory for this item at the beginning of April. Date Quantity Cost Apr 8 1 $35 Apr 9 1 $35 Apr 10 1 $40 Apr 12 1 $40 Apr 13 1 $40 Apr 16 1 $50 Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Two items were sold on April 18. Calculate the cost of goods sold using each of the methods below. FIFO COGS: $Answer 70 LIFO COGS: $Answer 90 Weighted Average COGS: $Answer 80 b) On April 19, 2 two additional items were purchased at $60 each. Then, on April 21, 3 items were sold to a customer. Calculate the COGS for the April 21 sale, assuming the sale on April 18 DID take place. FIFO COGS: $Answer LIFO COGS: $Answer Jump to... Skip Quiz navigation Quiz navigation [Gettysburg 01/2024] Accounting 155 A Spring 2024 Grades Dashboard Calendar Private files My courses [Gettysburg 01/2024] Accounting 155 A Spring 2024