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Nov. 1 Inventory 1 5 units @ $ 8 . 0 0 8 Purchase 6 0 units @ $ 8 . 6 0 1 7

Nov. 1 Inventory 15 units @ $8.00
8 Purchase 60 units @ $8.60
17 Purchase 30 units @ $8.40
25 Purchase 45 units @ $8.80
A physical count of merchandise inventory on November 30th reveals that there are 50 units on hand. Assyme a periodic inventory system is used.
1A) Ending inventory under FIFO is:
1B) Endung inventory under LIFO is:
1C) Assuming that the specific identification method is used and that ending inventory consists of 15 units from each of the three purchases and 5 units from the November 1 inventory, cost of goods sold is:

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