Answer Happy

Cullumber Company uses a perpetual inventory system. Thefollowing information is available for November: Units PurchasePrice Sales Price Nov. 1 Balance 10 $6.00 4 Purchase 22 $6.50 7Purchase 18 $7.00 10 Sale (10) $9.00 12 Sale (32) $9.00 Calculatethe cost of goods sold and ending inventory under FIFO. (Roundanswers to 0 decimal places, e.g. 5,275.) FIFO Cost of goods sold $Ending inventory $ eTextbook and Media Calculate the cost of goodssold and ending inventory under weighted average. (Round theweighted average cost per unit to two decimal places, e.g. 5.27 andfinal answers to 0 decimal places, e.g. 5,275.) Weighted averageCost of goods sold $ Ending inventory $