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calculate January's ending inventory and cost of good sold for month using each following alternative....

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Accounting

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calculate January's ending inventory and cost of good sold for month using each following alternative.
1.FIFO in peridoic system
2.LIFO Peridoic system
3.FIFO Perpetual system
4.Average cost Perodic system
5.Average cost Perpetual system
Problem 8-5 (Algo) Various inventory costing methods (LO8-1, 8-4) (The following information applies to the questions displayed below.) Ferris Company began January with 6,000 units of its principal product. The cost of each unit is $5. Merchandise transactions for the month of January are as follows: Date of Purchase Jan. 10 Jan. 18 Totals Units 5,000 6,000 11,000 Purchases Unit Cost $ 6 7 Total Cont $30,000 42,000 72,000 * Includes purchase price and cost of freight Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Total Units 3,000 2,000 4,000 9,000 8,000 units were on hand at the end of the month

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