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Cheng Company began operating on June 26 with no Inventory on hand. It then made the purchases listed below. Cheng Company sold and delivered 63 units on June 30. Date Description Purchase Purchase Purchase June 27 June 28 June 29 Units 22 45 37 Unit Cost $ 11.40 Total Cost $ 250.se 558.00 532.82 12.40 14.48 Required: 1. Calculate the number and cost of goods available for sale. 2 Calculate the number of units in ending Inventory at June 30. 3. Calculate the cost of ending Inventory and the cost of goods sold under FIFO. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Calculate the number and cost of goods available for sale. (Do not round intermediate values. Round your "Cost of Goods Available for Sale" answer to 2 decimal places.) Number of Goods Available for Sale units Cost of Goods Available for Sale Fuquired Required 2 > Cheng Company began operating on June 26 with no inventory on hand. It then made the purchases listed below. Cheng Company sold and delivered 63 units on June 30. Date Description Units Unit Cost Total Cost June 27 Purchase 22 $11.40 $ 250.80 June 28 Purchase 45 12.40 558.00 June 29 Purchase 37 532.80 Required: 1. Calculate the number and cost of goods available for sale. 2 Calculate the number of units in ending Inventory at June 30. 3. Calculate the cost of ending Inventory and the cost of goods sold under FIFO. 14.48 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the number of units in ending inventory at June 30. Ending Inventory units Cheng Company began operating on June 26 with no Inventory on hand. It then made the purchases listed below. Cheng Company sold and delivered 63 units on June 30. Date June 27 June 28 June 29 Description Purchase Purchase Purchase Units 22 45 37 Unit Cost $11.40 12.48 14.40 Total Cost $ 250.se 558.00 532.89 Required: 1. Calculate the number and cost of goods available for sale. 2 Calculate the number of units in ending Inventory at June 30. 3. Calculate the cost of ending Inventory and the cost of goods sold under FIFO. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the cost of ending inventory and the cost of goods sold under FIFO. (Do not round intermediate values. Round your *Cost of Goods Sold answer to 2 decimal places.) Cost of Ending Inventory Cost of Goods Sold FIFO

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