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Hempstead Company has the following data for 2019: Item Units Cost Inventory Item Units Cost Inventory, 12/31/2018 990 $10,890 Purchases 4,510 49,610 Inventory, 12/31/2019 720

Hempstead Company has the following data for 2019: Item Units Cost Inventory

Item Units Cost
Inventory, 12/31/2018 990 $10,890
Purchases 4,510 49,610
Inventory, 12/31/2019 720 8,930

1. Using the cost of goods sold model, determine the cost of goods sold.

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