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USE THE FOLLOWING INFORMATION TO ANSWER 2&3. Question 2 2.33 pts USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 2 & 3: Cross & Associates' inventory

USE THE FOLLOWING INFORMATION TO ANSWER 2&3.
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Question 2 2.33 pts USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 2 & 3: Cross & Associates' inventory records for the month of November are: November 1 Beginning Inventory.........11 units @ $13 22 units @ $15 5 Purchase.. 18 Purchase 23 units @ $17 24 Purchase... .14 units @ $18 November sales include 51 units at $35 each. What is the cost of goods sold using the periodic method of accounting for inventory and a FIFO assumption of the flow of inventory costs? O $779 O $730 O $663 $833 O $833 2.33 pts Question 3 USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 2 & 3: Cross & Associates'inventory records for the month of November are: November 1 Beginning Inventory..........11 units @ $13 5 Purchase.............. 22 units @ $15 18 Purchase. 23 units @ $17 24 Purchase....... 14 units @ $18 November sales include 51 units at $35 each. What is the cost of goods sold using the periodic method of accounting for inventory and a LIFO assumption of the flow of inventory costs? O $783 O $733 $683 O $853

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