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help please During 2021, a company sells 382 units of inventory for $92 each. The company has the following inventory purchase transactions for 2021: Date
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During 2021, a company sells 382 units of inventory for $92 each. The company has the following inventory purchase transactions for 2021: Date Transaction Jan.1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 63 161 186 Unit Cost $68 70 73 Total Cost $ 4,284 11,270 13,578 $29,132 410 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold Step by Step Solution
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