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You are given the following information for Sandhill Company for the month ended November 30, 2021: Unit Date Description Units Price Nov. 1 Beginning
You are given the following information for Sandhill Company for the month ended November 30, 2021: Unit Date Description Units Price Nov. 1 Beginning inventory 65 $52 9 Purchase 100 45 15 Sale (125) 22 Purchase 145 43 29 Sale (170) 30 30 Purchase 40 12 42 Sandhill 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 $
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