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Oriole has the following inventory data: Nov. 1 Inventory 34 units @ $6.70 each 8 Purchase 134 units @ $7.20 each 17 Purchase 67 units
Oriole has the following inventory data: Nov. 1 Inventory 34 units @ $6.70 each 8 Purchase 134 units @ $7.20 each 17 Purchase 67 units @ $7.05 each 25 Purchase 101 units @ $7.40 each A physical count of merchandise inventory on November 30 reveals that there are 112 units on hand. Cost of goods sold under FIFO is $825. $789. $1623 $1587
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