View Policies Current Attempt in Progress Blue Inc is trying to determine whether to use the FIFO or average cost formula. The accounting records show the following selected inventory information: Cost of Goods Sold Units Cost Total Date Oct. 2 15 Purchases Units Cost 7.800 $12 13,000 16 Total $93,600 208,000 Ending Inventory Units Cost Total 7,800 $12 $93,600 [1] 121 (3) [4] [5] 29 19,800 171 [9] (8) (10) (11) (12) [13]