invanhoe company uses a perpetual inventory system

View Policies Current Attempt in Progress You are given the following information for Ivanhoe Company for the month ended November 30, 2021: Date Description Units Unit Price Nov. 1 Beginning inventory $48 Purchase 110 5 Sale (125) Purchase 155 Sale (150) 30 Purchase Ivanhoe Company uses a perpetual inventory system. All sales and purchases are on account. the cost of goods sold and the ending inventory using FIFO