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QUESTION 10 10 pot The following information was available from the inventory records of Pich Company for Jerry Unt Cost Total Cost Balance January 1 0,000 59.77 57.30 Purchases: January 0.000 10.30 01.000 January 26 8,100 10.71 86.751 Sales January 7 January 31 67.500) (11.100) The physical count of inventory on January 31 shows 4400 units remaining in ending Inventory Determine cost of goods sold and ending inventory using a periodo invertory system and the FIFO cost flow assumption The correct method must be used, or no partial credit will be awarded. Clearly label your answers, COGS should be shown as a total dollar amount with supporting calculations. Ending Inventory must be shown by units, unit costs and total costs. Show al supporting calculations