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During 2021, a company sells 25 units of Inventory. The company has the following Inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory

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During 2021, a company sells 25 units of Inventory. The company has the following Inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory Sep.8 Purchase Number Unit of Unite cost 20 $55 10 30 Total Cont 51.100 480 $1,580 Calculate ending Inventory and cost of goods sold for 2021 assuming the company uses the weighted-average cost method. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.) Ending inventory Cost of goods sold

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