Assuming a perpetual inventory system and the last-in, first-out method, determine (a) the inventory on November 30 and (b) the cost of the goods sold for November. 
Definitions:
Sensory Receptors
Sensory nerve endings that respond to stimuli.
Transduction
Conversion of one form of energy into another. In sensation, the transforming of stimulus energies, such as sights, sounds, and smells, into neural impulses our brain can interpret.
Perceptual Sets
A psychological mechanism that influences how we perceive the world based on expectations, previous experiences, and context.
Sensory Stimulation
Input to the senses (sight, sound, touch, taste, and smell) that can influence a person's physical, emotional, and cognitive states.
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