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During 2018, a company sells 480 units of inventory for $91 each. The company has the following inventory purchase transactions for 2018: Date Transaction Numbers

During 2018, a company sells 480 units of inventory for $91 each. The company has the following inventory purchase transactions for 2018:

Date Transaction Numbers of Units Unit Cost Total Cost
Jan. 1 Beginning inventory 74 $ 72 $ 5,328
May 5 Purchase 262 73 19,126
Nov. 3 Purchase 182 75 13,650
------------- -------------
518 $ 38,104

Calculate cost of goods 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 places. Round your final answers to the nearest dollar amount.)

Cost of goods sold

Ending inventory

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