Question: Part 1 - A company reported the current month purchase and sales data for its only product and uses the perpetual inventory system. Determine the

Part 1 - A company reported the current month purchase and sales data for its only product and uses the perpetual inventory system. Determine the cost assigned to ending inventory and cost of goods sold using FIFO. des ned ob razbroorg Date Activities Units Acquired at Cost Units Sold at Retail April 1 Beginning Inventory 175 units @ $15.00 Dont 4 Purchase 150 units @ $16.00 7 Sales 160 units @ $30.00 co 2.0 10 Purchase 200 units @ $17.00 modal Sales 250 units @ $30.00 Lomart 25 Purchase 160 units @ $18.00 bora 28 Sales 150 units @ $32.000 db 16

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