Brief Exercise 3-6 (Algo) Inventory cost flow methods; perpetual system (LO8.41 Samuelson and Mossongor (SAM) began 2021 with 360 units of its one product. These units were purchased near the end of 2020 for $25 each. During the month of January 180 unts were purchased on January 8 for $28 each and another 360 units were purchased on January 19 for $30 cach Sales of 40 units and 260 units wore made on January 10 and January 25, respectively. There were 500 units on hand at the end of the month. SAM uses a perpetual Inventory system Requirect 1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO 2. Complete the below table to calculate ending Inventory and cost of goods sold for January using average cost Answer is not complete Complete this question by entering your answers in the tato below, Required Required 2 Cost of Goods sold by 25 Blanc Dofint Conte Goods Bold Cost Der Ending Complete the below table to calculate ending Inventory and cost of good old for Jaying To Cost of Goods Awaitable for sale Cost of Good Son January 10 Perple Cost per of units Cost of Goods of unis Cost of Cost un Available for sale sold per unit Goods Sold Beg. Inventory 380 525.00 15 0.000 140 2500 $ 3.600 Purchases January 180 2800 5.040 0 January 10 300 30.00 10.000 0 90 3000 140 5 ning per Inventory 90s 2000 320 S 35.00 13 8.500 0 000 LI 38.00 5000 0 0 350 2000 000 Required 1 Required 2 Complete the below table to calculate ending inventory and cost of goods sold for January using average cost (Round cost per decimal places. Enter inventory reductions from sales as negative numbers.) Inventory on hand Cost of Goods Sold Perpetual Average # of units Cost per unit Inventory Value # of units sold Avg. Cost per unit Cost of Goods Sold 0 0 0 0 Beginning Inventory Purchase - January 8 Subtotal Average Cost Sale - January 10 Subtotal Average Cost Purchase - January 19 Subtotal Average Cost Sale - January 25 Total 0 0 0 0 0 0 $ 5 0