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  3. shown below is activity for one of the products of

Shown below is activity for one of the products of Denver Office Equipment: January 1...

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Accounting

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Shown below is activity for one of the products of Denver Office Equipment: January 1 balance, 550 units @ $60 per unit $33,000 Purchases: January 10: 550 units @ $65 per unit January 20: 1,100 units @ $57 per unit Sales: January 12: 950 units January 28: 800 units Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses FIFO. $ 0 Ending inventory Cost of goods sold $ 0

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