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During 2021, a company sells 500 units of inventory for $87 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan.

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During 2021, a company sells 500 units of inventory for $87 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov.) Purchase Number of Units 73 270 Unit Cost Total Cost $72 $ 5,256 73 19,710 75 13,800 $38,766 184 527 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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