1- Beginning inventory, purchases, and sales for Item MMM8 are as follows:

November 1 Inventory 104 16 9 Sale 91 16 Purchase 132 4 25 Sale 82

Assuming a perpetual inventory system and using the Last-in, first-out (FIFO) method, determine the inventory value on November 30.

2- Beginning inventory, purchases, and sales for Item MMM8 are as follows:

November 1 Inventory 109 15 9 Sale 96 16 Purchase 128 22 25 Sale 83

Assuming a perpetual inventory system and using the Last-in, first-out (FIFO) method, determine the Cost of Goods Sold in November.

3- The units of an item available for sale during the year were as follows:

Jan 1 Inventory 11 units at 129 April 15 Purchase 137 units at 117 September 9 Purchase 28 units at 121

There are 53 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the first-in, first-out (FIFO)