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You are given the following information for Cullumber Company for the month ended November 30, 2021: Date Units Unit Price $48 Nov. 1 61 9

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You are given the following information for Cullumber Company for the month ended November 30, 2021: Date Units Unit Price $48 Nov. 1 61 9 46 15 Description Beginning inventory Purchase Sale Purchase Sale Purchase 22 110 (115) 155 (170) 48 42 29 30 41 Cullumber 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.) e Texthook and Media

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