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The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sold 10 units 10 Purchased 30 units at
The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sold 10 units 10 Purchased 30 units at $20 17 Sold 20 units 30 Purchased 10 units at $21 Using a perpetual system compute the following: (15 points) 1.Ending inventory and Cost of Goods Sold using the Weighted-average cost method (rounded) is: 2.Ending inventory and Cost of Goods Sold using the FIFO method is: 3.Ending inventory and Cost of Goods Sold using the LIFO method
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