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During 2021, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2021: Number of Units Date Transaction Jan.

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During 2021, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2021: Number of Units Date Transaction Jan. 1 Beginning inventory Sep.8 Purchase Unit Cost $54 56 Total Cost $ 864 952 $1,816 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Ending inventory Cost of goods sold

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