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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. Purchase Number of Unita 20 10 30 Unit cost $55 28 Total Cost $1,100 280 $1,380 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 During 2021, a company sells 24 units of inventory. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory Sep.8 Purchase Number of Units 13 17 30 Unit Cost $52 54 Total Cost $ 676 918 $1,594 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Ending inventory Cost of goods sold During 2021, a company sells 19 units of inventory. The company has the following inventory purchase transactions for 2021: Date Transaction Jan. 1 Beginning inventory Sep. 8 Purchase Number of Units 15 13 28 Unit Cost $59 61 Total Cost $ 885 793 $1,678 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold

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