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During 2021, a company sells 480 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021 Date Transaction Number

During 2021, a company sells 480 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021 Date Transaction Number of Units Unit Jan. 1 Beginning inventory 80 May 5 Purchase 268 Cost 578 79 Total Cost $ 6,240 21,172 Nov. 3 Purchase 187 81 15,147 535 $42,559 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 inventoryimage text in transcribed

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