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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 Total
Whispering Winds Corporation uses a perpetual inventory System. On November 19, the company sold 610 units. The following additional information is available: Unit Total Units Cost Cost Nov. 1 inventory 290 $12 $3,480 Nov. 15 purchase 470 16 7,520 Nov. 23 purchase 450 16 1,210 7,200 $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, eg. 52.75 and final answers to 0 decimal places. e.g. 5,275.) Cost of Goods Sold $ Ending Inventory 8827 $ 9373 LINK TO TEXT LINK TO TEXT Calculate the November 30 Inventory and the November cost of goods sold, using the FIFO cost formula Cost of Goods Sold $ Ending Inventory $ LINK TO TEXT LINK TO TEXT
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