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Whispering Winds Corporation uses a perpetual inventory system. On November 19, the company sold 590 units. The following additional information is available: Unit Total
Whispering Winds Corporation uses a perpetual inventory system. On November 19, the company sold 590 units. The following additional information is available: Unit Total Units Cost Cost Nov. 1 inventory 260 $11 $2.860 Nov. 15 purchase 420 14 5,880 Nov. 23 purchase 340 16 16 1.020 5,440 $14.180 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, eg. 52.75 and final answers to O decimal places. eg. 5,275) Cost of Goods Sold $ Ending Inventory $ 7583
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