Anthony & Company uses a perpetual inventory system. The following information is available for November: Nov. (a) 1 4 7 10 12 Inventory Purchase Purchase Sale Sale Units 52 104 104 (52) (112) Purchase Price $5 $5.50 $6 Sales Price $8 $8 Calculate the cost of goods sold and ending inventory under FIFO.

Anthony \& Company uses a perpetual inventory system. The following information is available for November: (a) Calculate the cost of goods sold and ending inventory under FIFO