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During 2022, a company sells 23 units of inventory. The company has the following inventory purchase transactions for 2022 Date Transaction Jan. 1 Beginning inventory

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During 2022, a company sells 23 units of inventory. The company has the following inventory purchase transactions for 2022 Date Transaction Jan. 1 Beginning inventory Sep. 8 Purchase Number of Units 15 16 31 Unit Cost $58 60 Total Coat $ 870 960 $1,830 Calculate ending inventory and cost of goods sold for 2022 assuming the company uses FIFO. Ending inventory Cost of goods sold $ $ 540 1,290

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