Question: a File Record Audio Question 3 (10 points) Record Video Hector Enterprises records the cost of its inventory using the First-In, First Out method using

a File Record Audio Question 3 (10 points) Record Video Hector

a File Record Audio Question 3 (10 points) Record Video Hector Enterprises records the cost of its inventory using the First-In, First Out method using the perpetual approach. Below is the purchase and sale history of cat treats: Transaction Units Opening Bal Purchase Sale Purchase $/Unit 98 $ Date Jan 1 Jan 6 66.30 32 $ Jan 6 65.02 108 Jan 13 ??? 113 $ 63.43 Jan 22 Sale 47 ??? REQUIRED: Determine the balances for ending Inventory and Cost of Goods Sold for the month of January. How would your answer change if they switched methods to Weighted Average? Make sure you show all your work. (10 marks) ... I B Uv Paragraph A MacBook Pro 0 &

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