You are given the following information for Carla Vista Company for the month ended November...
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Accounting
You are given the following information for Carla Vista Company for the month ended November 30, 2021: Date Description Units Unit Price Nov. 1 Beginning inventory 65 $51 9 Purchase 110 45 15 Sale (120) 22 Purchase 150 43 29 Sale (150) 30 Purchase 44 42 Carla Vista Company uses a perpetual inventory system. All sales and purchases are on account. Calculate the cost of goods sold and the ending inventory using FIFO. Calculate gross profit for November. Gross profit $
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