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The inventory data for an item for November are: Nov. 1 Inventory 200 units at $19 4 Sold 100 units 10 Purchased300 units at
The inventory data for an item for November are: Nov. 1 Inventory 200 units at $19 4 Sold 100 units 10 Purchased300 units at $20 14 sold 17 Sold 55 units 200 units 30 Purchased 100 units at $21 Using a perpetual system, what is the cost of the merchandise sold, ending Inventory and profit for November if the company uses FIFO or LIFO These will be sold for $30 each PURCHASES Date Janits cost total units CHART COST OF GOODS SOLD cost BALANCE total Units Cost TotalS
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