(1a) This Company uses the perpetual inventory method and incurred the following transactions. On a separate piece of paper (or excel sheet) calculate the total cost of good sold for November and ending inventory. Then enter the answers (rounded to the penny) in the space providced below. For the specific ID method, assume half the ending inventory is from the 11/15 purchase and the half is from 11/1 beginning inventory. Date Units Sper Unit Total Beg. Inv. 1-Nov 168 x $7.00 = $1,176.00 Purchase 5-Nov 112 X $7.70 = $862.40 Purchase 15-Nov 280 x $8.40 = $2,352.00 Sale 20-Nov 490 x $16.80 = $8,232.00 (at retail price) Purchase 25-Nov 210 X $9.80 = $2,058.00 28-Nov 140 X $17.50 = $2,450.00 (at retail price) Sale Specific ID FIFO LIFO Weighted Ave. Total COGS End Iny 1b) Record Nov 20 journal entry assuming LIFO and the goods were sold on account