Anthony & Company uses a perpetual inventory system. The following information is available for November:...

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Accounting

Anthony & Company uses a perpetual inventory system. The following information is available for November:
\table[[,,,\table[[Purchase],[Price]],\table[[Sales],[Price]],],[Nov.,1,Inventory,52,$5,],[,4,Purchase,104,$5.50,],[7,Purchase,104,$6,,],[10,Sale,(52),,$8,],[12,Sale,(112),,$8,]]
(a)
Your answer is partially correct.
Calculate the cost of goods sold and ending inventory under FIFO.
FIFO
Ending inventory
Cost of goods sold
$
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