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During 2024, a company sells 21 units of inventory. The company has the following inventory purchase transactions for 2024: Number of Unit Total Date

During 2024, a company sells 21 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 12 $56 $672 16 58 928 28 $1,600 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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