Consider the following inventory information: 
Using the first-in, first-out (FIFO)method and the periodic inventory system, calculate the cost of goods sold in January and the cost of inventory on January 31.
Definitions:
Male
Refers to the sex that is biologically defined by the presence of XY chromosomes in humans and many other species.
Data Set
A collection of data points or values that have been gathered through observation or experimentation.
Study
An organized inquiry or investigation into a subject or problem in order to discover facts, establish theories, or reach new conclusions.
Population
The entire group of individuals or observations about which the researcher wants to make conclusions.
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