Show Attempt History Current Attempt in Progress You are given the following information for Cullumber Company for the month ended November 30, 2021 Date Nov. 1 Unit Price $49 46 9 Description Beginning inventory Purchase Sale Purchase Sale Purchase 15 22 29 30 Units 61 110 (115) 155 (170) 49 42 41 Cullumber Company uses a perpetual inventory system. All sales and purchases are on account Your answer is incorrect. Calculate the cost of goods sold and the ending inventory using FIFO. Cost of goods sold $ 12837 Ending inventory $ 3731 e Textbook and Media List of Accounts Your answer is partially correct. 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 for the amounts.) Date Debit Credit Account Titles and Explanation Merchandise inventory Nov. 22 6510 Accounts Payable To record purchase on account.) Nov. 29 Account receivable 7464