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During 2024, a company sells 18 units of inventory. The company has the following inventory purchase transactions for 2024: Number of Unit Total Date

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During 2024, a company sells 18 units of inventory. The company has the following inventory purchase transactions for 2024: Number of Unit Total Date Transaction Units Cost Cost January 1 Beginning inventory 17 $58 $986 September 8 Purchase 14 60 840 31 $1,826 Calculate ending inventory and cost of goods sold for 2024 assuming the company uses LIFO. Ending inventory Cost of goods sold 53:24 During 2024, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2024: Number of Unit Total Date Transaction Units Cost Cost January 1 Beginning inventory September 8 Purchase 15 $55 $825 10 99 990 25 $1,815 Calculate ending inventory and cost of goods sold for 2024 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 During 2024, a company sells 270 units of inventory for $94 each. The company has the following inventory purchase transactions for 2024: Number of Unit Date January 1 May 5 Transaction Beginning inventory Units Cost Total Cost 69 $67 $4,623 Purchase 164 68 11,152 November 3 Purchase 180 70 12,600 413 $28,375 Calculate ending inventory and cost of goods sold for 2024 assuming the company uses FIFO. Ending inventory Cost of goods sold

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