culate the November 30 Inventory and the November Cost of goods sold using the FIFO cost formula rasota Corporation uses a perpetual inventory system. On November 19, the company sold 610 units. The following additional formation is available: Nov. 1 inventory Nov. 15 purchase Nov. 23 purchase Units 330 430 390 1,150 Unit Cost $11 15 16 Total Cost $3,630 6,450 6,240 $16,320

culate the November 30 Inventory and the November Cost of goods sold using the FIFO cost formula rasota Corporation uses a perpetual inventory system. On November 19, the company sold 610 units. The following additional formation is available: Nov. 1 inventory Nov. 15 purchase Nov. 23 purchase Units 330 430 390 1,150 Unit Cost $11 15 16 Total Cost $3,630 6,450 6,240 $16,320

Name: Calculate the November 30 Inventory and the November Cost of goods so
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Description: Calculate the November 30 Inventory and the November Cost of goods sold using the FIFO cost formulaSarasota Corporation uses a perpetual inventory system. On November 19, the company sold 610 units. The following additionalinformation is available:N

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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