Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate Required information [The following information applies to the questions displayed below) Ferris Company began January with 6,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the month of January are as follows: Purchases Unit Cost Total Cost Date of Purchase Jan. 10 Jan. 18 Totals Units 5,000 6.de 11,000 60,000 $105,000 Includes purchase price and cost of freight Date of Sale Jan. 5 Jan. 12 Jan. 20 Units 3,000 2,000 Total 9,000 e to search ANCLATOR ic not ramniOTO Required information Perpetual Average # of units Inventory Value units sold Avg. Cost per unit UOST OT Goods Sold COST per unit 8.0000 8.0000 8.0000 6,000 (3,000) 3,000 $ 48,000 (24,000) 24,000 3,000 $ 8.0000 $ 24,000 5,000 9.0000 45,000 8,000 Beginning Inventory Sale - January 5 Subtotal Average Cost Purchase - January 10 Subtotal Average Cost Sale - January 12 Subtotal Average Cost Purchase - January 18 Subtotal Average Cost Sale - January 20 Total 8.6000 X 8.6000 8.6000 69,000 (17,200) 51,800 2,000 $ 8.6000 (2,000) 6,000 $ 17,200 6,000 10.0000 60,000 111,800 12,000 (4,000) 8,000 $ 0.0000 4,000 9,000 111,800 $ 41,200