1. Netta Shutters has the following inventory information Nov. Inventory 8 Purchase 17 Purchase 25 Purchase 15 units @ $8.00 60 units @ $8.30 30 units $8.40 45 units $8.80 A physical count of merchandise inventory on November 30 reveals that there are 40 units on hand. Assu dollar slme a periodic inventory system is used. Cost of goods sold (rounded to the nearest under the average-cost method is 2. Netta Shutters has the following inventory information Nov. Inventory 8 Purchase 17 Purchase 25 Purchase 15 units $8.00 60 units $8.30 30 units $8.40 45 units $8.80 A physical count of merchandise inventory on November 30 reveals that there are 40 units on hand. Assume a periodic inventory system is used. Ending inventory under FIFO is 3. Netta Shutters has the following inventory information. Nov. 1 Inventory 8 Purchase 17 Purchase 25 Purchase 15 units $8.00 60 units@ $8.30 30 units $8.40 45 units $8.80 A physical count of merchandise inventory on November 30 reveals that there are 40 units on hand. Assume a periodic inventory system, is used. Ending inventory under LIFO is March, Vetter Corporation had sales of $380,000 and a cost of goods available leof $650,000. TheCompany consistently earns a gross profit rate of 42%. Using 4. During the gross profit method, the estimated inventory at March 31 amounts to