Homework B Isaiah Co. sells roller blades, model IX, that are popular with youth Information relating to Isaiah's purcha
Posted: Sun Apr 17, 2022 7:08 pm
Homework B Isaiah Co. sells roller blades, model IX, that are popular with youth Information relating to Isaiah's purchases of model IX during Novemberm Isaiah Co. uses a perpetual inventory system. Unit cost $1,100 1,000 Total Costs $27,500 20,000 Date Nov. 1 Nov. 12 Nov15 Nov.24 Nov.25 Nov. 30 Explanation Units Beginning Inventory 25 Purchases 20 Sales 30 Purchases 20 Purchase 25 Sales 50 1,040 1,050 20.800 26,250 Instructions: Compute the costs of goods sold and the ending inventory using FIFO and Weighted Average methods on November 30.