Brief Exercise 8-6 (Algo) Inventory cost flow methods; perpetual system (L08-4) Samuelson and Messenger (SAM) began 2021 with 300 units of its one product. These units were purchased near the end of 2020 foi $22 each. During the month of January, 150 units were purchased on January 8 for $25 each and another 260 units were purchased on January 19 for $27 each Sales of 135 units and 170 units were made on January 10 and January 25, respectively. There were 405 units on hand at the end of the month SAM uses a perpetual inventory system Required: 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 Complete this question by entering your answers in the tabs below. Eck my 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 unit to 2 decimal places. Enter inventory reductions from sales as negative numbers.) Inventory on hand Cost of Goods Sold Perpetual Average Cost per Inventory # of units Avg. Cost per Cost of Value # of units unit sold unit Goods Sold $ 0 0 0 0 0 Beginning Inventory Purchase - January 8 Sublotal Average Cost Sale - January 10 Subtotal Averago Cool Purch - January 19 Subtotal Average Cool Salo Jony 25 Total 0 O 0 0 0 0 0 0 0 $