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During 2021 a company sells 374 units of inventory for $95 each. The company has the following inventory purchase transactions for 2021: date transaction #

During 2021 a company sells 374 units of inventory for $95 each. The company has the following inventory purchase transactions for 2021:

date transaction # of units Unit cost Total cost
Jan 1 beginning inventory 67 63 4221
May 5 purchase 169 65 10985
Nov 3 Purchase 185 68 12580
Totals --> 421 27786

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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