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4 During 2018, a company sells 490 units of inventory for $90 each. The company has the following inventory purchase transactions for 2018 Number of
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During 2018, a company sells 490 units of inventory for $90 each. The company has the following inventory purchase transactions for 2018 Number of Unit Tota Jan. 1 Beginning inventory May5 Purchase Nov. 3 Furehase 5 5.538 20,610 14.742 70 281 182 514 40.890 Calculate cost of goods amount.) sold and ending inventory for 2018 assuming the company uses weighted-average cost with a periodic inventory system. (Round weighted-average unit cost to 4 decimal placcs. Round your final answers to the ncarest dollar Cost of goods sold Ending inventoryStep by Step Solution
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