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During 2021, a company sells 480 units of inventory for $91 each. The company has the following inventory purchase transactions for 2021: Number of Units

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During 2021, a company sells 480 units of inventory for $91 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 264 181 522 Unit Cost Total Cost $72 $ 5,544 73 19,272 75 13,575 $38, 391 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 During 2021, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory Sep.8 Purchase Number Unit of Units Cost 20 $55 Total Cost $1,100 60e $1,700 30 Calculate ending inventory and cost of goods sold 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.) Ending inventory Cost of goods sold A company acquired a delivery truck on October 1, Year 1, for $22.000. The company estimates a residual value of $2,800 and a six year service life. It expects to drive the truck 120,000 miles. Actual mileage was 5,100 miles in Year 1 and 19.200 miles in Year 2 Required: Calculate depreciation expense using the activity-based method for Year 1 and Year 2, assuming a December 31 year-end. (Do not round your intermediate calculations.) Year 1 Year 2 Depreciation expense

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