Question: shown below. Isaiah Co uses a perpetual Inventory system Isaiah Co sells roller blades, model IX that are popular with youth enthusiasts. Information relating to
shown below. Isaiah Co uses a perpetual Inventory system Isaiah Co sells roller blades, model IX that are popular with youth enthusiasts. Information relating to Isaiah's purchases of model IX during November is Date Explanation Units Unit Cost Total Cost Nov. 1 Opening Inventory 25 $1.100 27,500 Nov. 12 Purchases 20 1,000 20,000 Nov. 15 Sales 30 Nov. 24 Purchases 20 1,040 20.800 Nov 25 25 26,250 1,050 Purchases Sales Nov 30 50 ins Compute the ending inventory and cost of goods sold using FIFO and Weighted Average Method on 30 November (round up to 6 decimals)
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