Do 1 and 2

heck my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not i On 28, 2018, (VTC)I Samuelson and Messenger (S&M) began 2018 with 270 units of its one product. These units were purchased near the end of 2017 for $24 each. During the month of January. 135 units were purchased on January 8 for $27 each and another 270 units were purchased on January 19 for $29 each. Sales of 130 units and 170 units were made on January 10 and January 25, respectively. There were 375 units on hand at the end of the month. S&M uses a perpetual inventory system. Required 1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO method. 2. Complete the below table to calculate ending inventory and cost of goods sold for January using average cost method Complete this question by entering your answers in the tabs below. RequirecdiRequired 2 Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO method s Sold J 10 Sale 25 Balance #of Cost /Cost of units Perpetual Cost of sold per unit Goods 270 024 000 s 6.480 | 130? 2400 |s 3.120 | #of per unit Cost of | # of units Goodsin endin9 per unit Av ailable unitsCost Soldunits inventory Beg 1050s 2400 ls 2520 24.00 135 27.00 3,645 140 27.00 Januarv 1927029.007.830 30 29.00 270 27.00 o 2900 7.290 27.00 29.00 870 K Prev 3 of 11E Next>