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Nov. 1 62 You are given the following information for Sunland Company for the month ended November 30, 2021 Date Description Units Unit Price Beginning

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Nov. 1 62 You are given the following information for Sunland Company for the month ended November 30, 2021 Date Description Units Unit Price Beginning inventory $49 Purchase (125) 22 9 100 45 15 Sale Purchase 150 44 29 Sale (170) 30 Purchase 43 43 . Sunland Company uses a perpetual inventory system. All sales and purchases are on account. (a) ) Your answer has been saved. See score details after the due date. Calculate the cost of goods sold and the ending inventory using FIFO. Assume the sales price was 566 per unit for the goods sold on November 15, and $60 per unit for the sale on November 29. Prepare journal entries to record the November 22 purchase and the November 29 sale. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Nov. 22 (To record purchase on account.) Nov. 29 (To record sales on account.) Nov. 29 (To record cost of goods sold.)

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