Question: Complete the following questionsbased off the the chart. Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses

Complete the following questionsbased off the the chart.

Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses LIFO and perpetual inventory system. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.)

Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses LIFO and a periodic inventory system.

Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses average cost and a periodic inventory system.

Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses average cost and a perpetual inventory system. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.)

Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses FIFO.

Complete the following questionsbased off the the chart. Compute the January 31

Shown below is the activity for one of the products of Random Creations: January 1 balance, 80 units @ $50 $4,000 Purchases: January 40 units @ $51 18: January 40 units @ $52 28: Sales: January 30 units 12: January 30 units 22: January 45 units 31: Shown below is the activity for one of the products of Random Creations: January 1 balance, 80 units @ $50 $4,000 Purchases: January 40 units @ $51 18: January 40 units @ $52 28: Sales: January 30 units 12: January 22: 30 units January 45 units 31

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