Using the following data to complete the table, calculate the cost of goods sold and ending inventory using the first in, first out method XYZ Corporation had beginning inventories of 50 widgets at $7 per unit The company purchased the following additional widgets and added to its inventory Number of widgets purchase price purchase date total 25 widgets $10 per unit April 15th 50 widgets $15 per unit May 5th 75 widgets $12per unit June 21st Number of widget Purchase price Purchase date Total If the company sold 200 widgets, calculate the cost of goods sold and ending inventory

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Question: Using the following data to complete the table, calculate the cost of goods sold and ending inventory using the first in, first out method. XYZ

Using the following data to complete the table, calculate the cost of goods sold and ending inventory using the first in, first out method. XYZ Corporation had beginning inventories of 50 widgets at $7 per unit. The company purchased the following additional widgets and added to its inventory:

Number of widgets	purchase price	purchase date	total
25 widgets	$10/per unit	April 15th
50 widgets	$15/per unit	May 5th
75 widgets	$12per unit	June 21st

Number of widget| Purchase price| Purchase date Total

If the company sold 200 widgets, calculate the cost of goods sold and ending inventory.

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