The Oil Hut Company sells many types of oils, vinegars and specialty foods. One of their best sellers is olive oils. The company uses a periodic inventory system. At the end of November 2020, the company has 20 bottles of olive oil on hand. During November, the following events took place: On hand, 10 botties @ $20 Nov 1 $2 each Purchased 90 bottles Nov 18 $270 @ $3 each Goods available for $290 sale method, how much is cost of goods sold for November? Select one alternative: $232 The Oil Hut Company uses the weighted average cost inventory $240 $250 $230