Question: please show all work and i will upvote! Suppose we are given the following data for a single product sold by Ducky Company, which uses
please show all work and i will upvote! Suppose we are given the following data for a single product sold by Ducky Company, which uses a perpetual inventory system. +- Nov 1 On hand: 10 units at $2 each Nov 8 Sold: 6 units for $10 each Nov 14 Purchased: 30 units at $3 each Nov 15 Purchased: 10 units at $4 each Nov 25 Sold: 24 units for $10 each a) Using the FIFO method, determine the ending inventory (on Nov 30) and cost of goods sold for November b) Using the LIFO method, determine the ending inventory (on Nov 30) and cost of goods sold for November c) Using the Weighted Average Cost, determine the ending inventory (on Nov 30) and cost of goods sold for November
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