Question

s Pronghom Corporation uses a perpetual inventory system. On November 19, the company sold 610 units. The following addtional information is available: Unit Total Nov. 1 inventory 330 $12 $3,960 Nov. 15 purchase 480 14 6,720 Nov. 23 purchase 360 16 316,440 1,170 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, eo. 52.75 and final answers 0 decimal places, e.g. 5,275.) Cost of Goods sold s Ending Inventory s LINK TO TEXT calculate the November 30 inventory and the November cost of goods sold, using the FIFo cost formula. Cost of Goods sold