During 2024, a company sells 22 units of inventory. The company has the following inventory purchase transactions for 2024: Unit Number of Units Cost 16 16 32 Date January 1 September 8 Transaction Beginning inventory Purchase Ending inventory Cost of goods sold $53 55 Total Cost $848 880 $1,728 Calculate ending inventory and cost of goods sold for 2024 assuming the company uses FIFO.

During 2024, a company sells 22 units of inventory. The company has the following inventory purchase transactions for 2024 Calculate ending inventory and cost of goods sold for 2024 assuming the company uses FIFO. During 2024, a company sells 22 units of inventory. The company has the following inventory purchase transactions for 2024 Calculate ending inventory and cost of goods sold for 2024 assuming the company uses FIFO