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During 2021, a company sells 460 units of inventory for $94 each. The company has the following inventory purchase transactions for 2021: Unit Date Transaction

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During 2021, a company sells 460 units of inventory for $94 each. The company has the following inventory purchase transactions for 2021: Unit Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 74 261 Cont Total Coat $76 $ 5.624 20.097 14,931 $40,652 Calculate cost of goods sold and ending inventory 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.) Cost of goods sold Ending inventory

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