home / study / business / accounting / accounting questions and answers / Case D. Stewart Company Reports The Following Inventory Records For November: INVENTORY Date ... Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: Case D. Stewart Company reports the following inventory records for November: INVENTORY Date Acti... Case D. Stewart Company reports the following inventory records for November: INVENTORY Date Activity # of Units Cost/Unit November 1 Beginning balance 125 $ 17 November 4 Purchase 330 18 November 7 Sale (@ $52 per unit) 230 November 13 Purchase 525 20 November 22 Sale (@ $52 per unit) 530 Selling, administrative, and depreciation expenses for the month were $14,800. Stewarts tax rate is 30 percent. 1. Calculate the cost of ending inventory and the cost of goods sold under each of the following methods using periodic inventory system: (Do not round intermediate calculations.)