Hans inc. is a merchandising company that resells equestrian saddles. The company's inventory data is...
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Hans inc. is a merchandising company that resells equestrian saddles. The company's inventory data is as follows: Cost of Goods Mailable for Sale Jen. Eeginning Balance 3 unit: $200 = $500 Jen. Purchase 2 unita $400 = $800 Jan.20 Purchase 3 units $500 = $1,300 Retail Sales of goods Jens Sale: 2 units $800 = $1,500 Jan. 3. Sales I units $1,000 = $1,000 For the January 19 sale, the company sold s unit that originally cost $200 and a unit that cost $400. For the enuery::ssle, the 1 unit sold originally had a cost of $200. Using the FIFO method, the cost of goods sold for January would be Answer formatting when typing in your answer please include a dollar sign.. comma if necessary, use whole numbers. omit any periods, and make sure your response has no spaces. For example, $1.200
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