Date Purchases Sales Balance

Quantity Cost$/$Unit Quantity Cost$/$Unit Quantity Cost$/$Unit

Oct $154$ $$65$

Oct $537$ $$6517$ $$65$

Oct $917$ $$65$

$114$ $$67114$ $$67$

Oct $1817$ $$65$

$52$ $$6762$ $$67$

Oct $2462$ $$67$

$50$ $$7050$ $$70$

Oct $2962$ $$67$

$35$ $$7015$ $$70$

Oct $3115$ $$70$

$45$ $$7445$ $$74$

Required

The company uses the FIFO cost method for inventory valuation under the perpetual inventory system. Calculate the cost of goods sold for the month, and the value of ending inventory at the end of October.

Do not enter dollar signs or commas in the input boxes.

Cost of Goods Sold $=$ $Answer

Ending Inventory $=$ $Answer