171 167 Unit Sales Date Transaction Units Once your tracking schedules are complete, cell-reference your answers from the tables below here: Cost Price Jan. 1 Beginning inventory 180 $60 Perpetual Periodic 10 Purchase 700 $62 FIFO W Avg FIFO W Avg 15 Sale (550) $90 Cost of Goods Sold 19 Purchase 25 Sale Ending Inventory Enter answers in chronological date order (earliest to most recent). Perpetual - FIFO 400 $64 Ending Inventory (100) $90 630 Enter answers in chronological date order (earliest to most recent). Periodic - FIFO Date Beg Inv Jan. 10 15 19 25 Units Purchases Cost Cost of Goods Sold Inventory Balance Cost of Goods Available for Sale Total Units Cost Total Units Cost Total 180 $ 60 $ 10,800 180 $ 60 $ 10,800 Date Jan. 1 Explanation Units Unit Cost Total Cost 700 62 43,400 180 60 10,800 700 62 43,400 54,200 180 $ 370 60 $ 10,800 330 62 20,460 62 22,940 Ending Inventory 33,740 Date Explanation Units Unit Cost Total Cost 400 64 25,600 330 400 Rg| 20,460 64 25,600 46,060 Cost of Goods Sold Units Total Cost Cost of goods available for sale Less: ending inventory Cost of Goods Sold CHECK: COGAS - Ending Inventory = COGS 4 Table