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(Computations and Inventory Table are required) The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sold 10

(Computations and Inventory Table are required)

The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sold 10 units 10 Purchased 30 units at $20 17 Sold 20 units 30 Purchased 10 units at $21 Using a perpetual system compute the following: 1. Ending inventory and Cost of Goods Sold using the Weighted-average cost method (rounded) is: 2. Ending inventory and Cost of Goods Sold using the FIFO method is: 3. Ending inventory and Cost of Goods Sold using the LIFO method is:

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