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During 2021, a company sells 364 units of inventory for $94 each. The company has the following inventory purchase transactions for 2021: Number of Units
During 2021, a company sells 364 units of inventory for $94 each. The company has the following inventory purchase transactions for 2021: Number of Units Date Transaction Jan.1 Beginning inventory May 5 Purchase Nov. 3 Purchase 166 Unit Cost Total Cost $67 $ 4,087 11, 454 13,536 $29,077 69 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold MacBook Air
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