HRn to questen Samuelson and Messenger (SAM) began 2021 with 200 units of its one product. These units were gurchased near the end of 2020 for $25 each, During the month of January, 100 units were purchased on January 8 for $28 each and another 200 units were purchased on January 19 for $30 each. Sales of 125 units and 100 unts were made on January 10 and January 25, respectively There were 275 units on hand at the end of the month SAM uses a perpetuarinventory system points Required: 1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO 2. Complete the below table to calculate ending inventory and cost of goods sold tor January using average cost Answer is net complate Complete this question by entering your answers in the tabs below Required Required 2 Complete the below table to calculste ending inventory and cost of gsods sold for January using FIFO Cost of Oeeds Available for Sale Cost of Goods Soid- January 10 Cost af Goods Sald January 25 Inventory Balance Perpesl FIEO Cost Co a of unts Cost Cost of Goods Available tor Sale Cest of Goods of units Cost pr unit of ants in ending inntory Cost ef Goods Sold tndng Inventiry per unit per unit of units seid sold per unit Beg inventory Purchases January 25.00 200 75 5.000 125 25.00 3,125 s 25.00 1,875 2500 100 2800 2800 2300 700 2 00 2300 30.00 200 January 19 200 6,000 30.00 30.00 30 00 6.000 Total 500 13.800 125 3.125 100 255 275 S 8300 Reqaired 2 4 Samuelson and Messenger (SAM) began 2021 with 200 units of its one product. These units were purchased near the end of 2020 for $25 each. Duning the month of January, 100 units were purchased on January 8 for $28 each and another 200 units were purchased on January 19 for $30 each. Sales of 125 units and 100 units were made on January 10 and January 25, respectively. There were 275 units on hand at the end of the month. SAM uses a perpetual inventory system to Doints Required: 1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO 2. Complete the below table to calculate ending inventory and cost of goods sold for January using average cost Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the below table to calculate ending inventory and cost of goods sold fer January using average cost. (Round cost per unit to 2 decimalplaces. Enter inventory reductions from sales as negative numbers.) Inventory on hand Cost of Goods Sold Perpatual Average Cost #of units sold eventory Avg. Cost per unit Cost of Goods Sold e of units per unt Value 200 2500 s 100 28.00 Reginning inventery Purchase-January 8 5,000 2.800 Subiotal Average Cost Sale-January 10 26.00 300 7.800 26.00 200 30.00 Subtotal Average Cost 300 7800 Purchase January 19 Subtotal Average Cos Sale-January 25 6,000 28 13 500 13,800 500 28.13 13.800 0 Total