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1). Windsor has the following inventory data: Nov. 1 Inventory 26 units @ $5.20 each 8 Purchase 103 units @ $5.55 each 17 Purchase 52

1). Windsor has the following inventory data: Nov. 1 Inventory 26 units @ $5.20 each 8 Purchase 103 units @ $5.55 each 17 Purchase 52 units @ $5.40 each 25 Purchase 77 units @ $5.70 each A physical count of merchandise inventory on November 30 reveals that there are 86 units on hand. Ending inventory under FIFO is $488. $939. $468. $958.

2) Wildhorses has the following inventory data:

Nov. 1 Inventory 32 units @ $6.50 each
8 Purchase 130 units @ $6.95 each
17 Purchase 65 units @ $6.80 each
25 Purchase 97 units @ $7.10 each

A physical count of merchandise inventory on November 30 reveals that there are 108 units on hand. Cost of goods sold under LIFO is

$764.

$1479.

$736.

$1506.

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