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The Apple Company reported the following January purchases and sales data for its only product....

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Accounting

The Apple Company reported the following January purchases and sales data for its only product. The company uses a perpetual inventory system.
REQUIRED: Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Each yellow cell must include a formula using cell references, EVEN IF THE FORMULA RESULT IS ZERO.
\table[[Date,\table[[Units],[purchased]],\table[[Cost per],[unit]],\table[[Total Cost],[of],[Purchase]],Units Sold,\table[[Selling],[Price per],[unit]],\table[[Total],[Sales]]],[Jan.1,Beginning inventory,200,$10,$2,000,,],[Jan.11,Sales,,,,160,$30,$4,800
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