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Canali Corporation uses a perpetual inventory system. On November 19, the company sold 600 units. The following additional information is available: Nov. 1 inventory Nov.
Canali Corporation uses a perpetual inventory system. On November 19, the company sold 600 units. The following additional information is available: Nov. 1 inventory Nov. 15 purchase Nov. 23 purchase Unit Total Units Cost Cost 250 $12 $3,000 400 14 5,600 350 155,250 1,000 $13,850 (a) Collapse question part X Your answer is incorrect. Try agai.. Calculate the November 30 inventory and the November cost of goods sold, using the moving average cost formula. (Round unit cost to 2 decimal places, e.g. 52.75 and final answers to o decimal places. e.g. 5,275.) x Cost of Goods Sold $ll 8,862 Ending Inventory $T 5,988
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