Question: Font l 1 Paragraph E Shown below is the activity for one of the products of Random Creations: January 1 balance, s units $50

Font l 1 Paragraph E Shown below is the activity for one

Font l 1 Paragraph E Shown below is the activity for one of the products of Random Creations: January 1 balance, s units $50 $4,000 Purchases January 18 4 units $51 January 28 4nits $52 Sales January 12 30 units Styles January 22 30 units January 31 Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Random Creations uses average cost end a periodic inventory system (Round intermediate calculations to two decimal numbers. Round your final answers to nearest whole dollar amount.) Ending inventory Cost of goods sold

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