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Waterway has the following inventory data: Nov. 1 8 17 25 Inventory 33 units @ $6.60 each Purchase 132 units @ $7.10 each Purchase 66

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Waterway has the following inventory data: Nov. 1 8 17 25 Inventory 33 units @ $6.60 each Purchase 132 units @ $7.10 each Purchase 66 units @ $6.95 each Purchase 99 units @ $7.30 each A physical count of merchandise inventory on November 30 reveals that there are 110 units on hand. Assuming that the specific identification method is used and that ending inventory consists of 33 units from each of the three purchases and 11 units from the November 1 inventory, cost of goods sold is O $1527 O $913 O $1559. O $1554

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