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You are given the following information for Blossom Company for the month ended November 30, 2021: Date Units Unit Price Nov. 1 Description Beginning inventory

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You are given the following information for Blossom Company for the month ended November 30, 2021: Date Units Unit Price Nov. 1 Description Beginning inventory Purchase 57 $52 9 100 45 15 Sale (120) 22 Purchase 145 42 29 Sale (170) 30 Purchase 41 40 Blossom Company uses a perpetual inventory system. All sales and purchases are on account Calculate the cost of goods sold and the ending inventory using FIFO. Cost of goods sold $ Ending inventory $ Date Account Titles and Explanation Debit Credit Nov. 22 (To record purchase on account.) Nov. 29 (To record sales on account.) Nov. 29 (To record cost of goods sold.) Calculate gross profit for November Gross profit $

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