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During 2018, a company sells 22 units of inventory. The company has the following inventory purchase transactions for 2018: Number Unit Cost 58 Date Jan.
During 2018, a company sells 22 units of inventory. The company has the following inventory purchase transactions for 2018: Number Unit Cost 58 Date Jan. 1 Transaction of Units Total Cost $ 754 Beginning inventory Purchase 13 Sep. 8 15 60 900 $1,654 28 Calculate ending inventory and cost of goods sold for 2018 assuming the company uses FIFO with a periodic inventory system. Ending inventory Cost of goods sold
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