Mastery) Cara Use the Dynamic Echitate the wings 1. When the number of its sold on November 21 is the work of merchandise 21 2. When the number of units sold on November 21 is the ending Now 3. When the number of units sold on November 21 is the cost of merchandise OoOo 4. When the number of units sold on November 21 isso, the ending inventory Nero X Incorrect Assuming a perpetual Inventory system and using the first in, first-out (FIFO) method, determine (a) the cost of merchandise sold on November 21 and (b) the inventory on November 30. Move the slider to change the values Click on to view the information. Number of units sold on November 21 View Analysis 50 490 Nov. 21 10 5 50 26 7 182 44 308 Nov. 30 Balances 382 ane w Click on 1 to view View Analysis 308 382 Nov. 30 Balances 308 (b) Inventory, November 30: (a) Cost of merchandise sold (November 21): 44 units at $7 $308 10 units at $5 $ 50 182 26 units at $7 36 units $232 w OBRA Mastery) Cara Use the Dynamic Echitate the wings 1. When the number of its sold on November 21 is the work of merchandise 21 2. When the number of units sold on November 21 is the ending Now 3. When the number of units sold on November 21 is the cost of merchandise OoOo 4. When the number of units sold on November 21 isso, the ending inventory Nero X Incorrect Perpetual Inventory Using FIFO : Beginning Inventory, purchases, and sales for Item ER27 are as follows: Nov. 1 Inventory 40 units at $5 5 Sale 30 units 11 Purchase 70 units at $7 21 Sale 36 units Assuming a perpetual inventory system and using the first in, first-out (FIFO) method, determine (a) the cost of merchandise sold on November 21 and (b) the inventory on November 30. Move the slider to change the values. Click on to view the information. Number of units sold on November 21 View All Item ER27 Purchases Cost of Merchandise Sold To Date w Uw Cost Unit Cost Total Cost 200 150 Nov. S SO Now 1 70 Mastery) Cara Use the Dynamic Echitate the wings 1. When the number of its sold on November 21 is the work of merchandise 21 2. When the number of units sold on November 21 is the ending Now 3. When the number of units sold on November 21 is the cost of merchandise OoOo 4. When the number of units sold on November 21 isso, the ending inventory Nero X Incorrect Assuming a perpetual Inventory system and using the first in, first-out (FIFO) method, determine (a) the cost of merchandise sold on November 21 and (b) the inventory on November 30. Move the slider to change the values Click on to view the information. Number of units sold on November 21 View Analysis 50 490 Nov. 21 10 5 50 26 7 182 44 308 Nov. 30 Balances 382 ane w Click on 1 to view View Analysis 308 382 Nov. 30 Balances 308 (b) Inventory, November 30: (a) Cost of merchandise sold (November 21): 44 units at $7 $308 10 units at $5 $ 50 182 26 units at $7 36 units $232 w OBRA Mastery) Cara Use the Dynamic Echitate the wings 1. When the number of its sold on November 21 is the work of merchandise 21 2. When the number of units sold on November 21 is the ending Now 3. When the number of units sold on November 21 is the cost of merchandise OoOo 4. When the number of units sold on November 21 isso, the ending inventory Nero X Incorrect Perpetual Inventory Using FIFO : Beginning Inventory, purchases, and sales for Item ER27 are as follows: Nov. 1 Inventory 40 units at $5 5 Sale 30 units 11 Purchase 70 units at $7 21 Sale 36 units Assuming a perpetual inventory system and using the first in, first-out (FIFO) method, determine (a) the cost of merchandise sold on November 21 and (b) the inventory on November 30. Move the slider to change the values. Click on to view the information. Number of units sold on November 21 View All Item ER27 Purchases Cost of Merchandise Sold To Date w Uw Cost Unit Cost Total Cost 200 150 Nov. S SO Now 1 70