Question 6 of 6

Question 6 of 6 View Policics Current Attempt in Progress Flounder Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory. as at April 1. of 148 tents. This consists of 52 tents purchased in February at a cost of $207 each and 96 tents purchased in March at a cost of $223 each. During April, the company had the following purchases and sates of tents: Purchases Units Unit Cost Sales Units Unit Price Date 3 Apr. 10 17 24 30 (a) 208 300 $272 284 72 258 194 $425 425 425 Determine the cost of goods sold and the cost of the ending inventory using FIFO. Cost of goods sold Cost of the ending inventory