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Whispering Winds Corporation uses a perpetual inventory system. On November 19, the company sold 610 units. The following additional information is available: Unit Cost Total
Whispering Winds Corporation uses a perpetual inventory system. On November 19, the company sold 610 units. The following additional information is available: Unit Cost Total Cost Units 290 $12 $3,480 Nov. 1 inventory Nov. 15 purchase Nov. 23 purchase 470 16 7,520 450 16 7,200 1,210 $18,200 Calculate the November 30 inventory and the November cost of goods sold, using the moving average cost formula. (Round unit cost to 2 decimal places, e.g. 52.75 and final answers to decimal places. eg. 5,275.) Cost of Goods Sold $ Ending Inventory $
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