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explain TB EX Qu. 6-209 During 2021, a company sells... During 2021. a company sells 170 units of inventory for $54 each. The company has
explain TB EX Qu. 6-209 During 2021, a company sells... During 2021. a company sells 170 units of inventory for $54 each. The company has the following inventory purchase transactions for 2020 Norbert Date Transaction of Unitacoat Total cost Jan. I Beginning inventory 59 540 $ 2,032 Hay Purchase 107 47 5,029 Nov.) Purchase 45 2.217 230 $11,173 Actual sales by the company include its entire beginning inventory, 87 units of inventory from the May 5 purchase, and 24 units from the November 3 purchase. Calcutate cost of goods sold and ending inventory for 2021 assuming the company uses specific identification, Cost of goods sold Ending Inventory
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