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Calculate ending inventory and COGS for 2021 On 1 Jan' 21 the company has a beginning inventory of 100 units $100 The following is a

Calculate ending inventory and COGS for 2021

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On 1 Jan' 21 the company has a beginning inventory of 100 units $100 The following is a transaction of buying and selling of merchandise \begin{tabular}{|c|r|r|r|r|} \hline & Unit & Cost/ unit & \\ \hline 04-Feb Purchased & 100 & $ & 100 & \\ \hline 10-Mar Purchased & 50 & $ & 105 & \\ \hline 18-Apr Purchased & 30 & $ & 110 & \\ \hline 01-Mei Sold & 120 & & Selling price $250 \\ \hline 10-Jun Purchased & 80 & $ & 112 & \\ \hline 23-Jul Sold & 100 & & Selling price $250 \\ \hline \end{tabular} Calculate ending inventory and COGS for 2021

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