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Serene Stereos has the following inventory data: Nov. 1 8 17 25 Inventory Purchase Purchase Purchase 29 units @ $5.80 each 115 units @ $6.20

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Serene Stereos has the following inventory data: Nov. 1 8 17 25 Inventory Purchase Purchase Purchase 29 units @ $5.80 each 115 units @ $6.20 each 58 units @ $6.05 each 86 units @ $6.30 each A physical count of merchandise inventory on November 30 reveals that there are 96 units on hand. Cost of goods sold under FIFOIS $602 $1172 $584 $1190

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