Question B

"Problem 6-3A (Part Level Submission) You are given the following information for Sheridan Company for the month ended November 30, 2017: Description 22 Puch Sheridan Company uses a perpetual inventory system. All sales and purchases are on account. *(a) Your answer is correct. Calculate the cost of goods sold and the ending inventory using FIFO. (Round answers to o decimal places, e.g. 5,275.) 120 Costoso Ending inventory Alem of used "(b) Your answer is partially correct. Try again. Assume the sales price was $66 per unit for the goods sold on November 15, and $60 per unit for the sale on November 29. Prepare journal entries to record the November 22 purchase and the November 29 sale. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Round answers to o decimal places, e.g. 5,275.) 27 semester 1,950 13: 4 3 "(c) The parts of this question must be completed in order. This part will be available when you complete the part above. "d