Omework Teeth 2... Saved Help Save & Exit Submit Required information (The following information applies to the questions displayed below.) Check my work Ferris Company began January with 6,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the month of January are as follows: Date of Purchase Jan. 10 Jan. 18 Totals Units 5, eee 6,000 11,000 Purchases Unit Cost* $ 9 10 Total Cost $ 45,000 60, eee $105,000 Includes purchase price and cost of freight. ces Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Total Units 3, eee 2, eee 4,000 9,000 8,000 units were on hand at the end of the month. ate Windows Go to Settings to activate Windows Total 9,000 8,000 units were on hand at the end of the month. 2. Calculate January's ending inventory and cost of goods sold for the month using LIFO, periodic system. Cost of Goods Sold - Periodic LIFO LIFO Cost of Goods Available for Sale Cost of # of units unite Cost per Goods unit Available for Sale $ 0 # of units sold Cost per unit Cost of Goods Sold Ending Inventory - Periodic LIFO # of units Cost per Ending in ending inventory unit Inventory $ 0.00 $ 0 $ 0.00 $ 0 Beginning Inventory Purchases: January 10 January 18 Total 0 $ $ 0.00 0.00 $ $ 0.00 0.00 / $ 0 N / svate Windows Go to Settings to activate Window 11 12 13 14 F5 F4