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During 2021, a company sells 300 units of inventory for $91 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan.

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During 2021, a company sells 300 units of inventory for $91 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 beginning inventory May 5 Purchase Now Purchase Humber of Units 69 164 186 419 Unit Cost Total Cost 564 $4,416 65 10,660 67 12,462 $27,538 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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