Path:p Words: 0 QUESTION 31 During 2021, a company sells 500 units of inventory for $90 each. The company has the following inventory purchase transactions for 2021: Number of Date Transaction Units Unit Cost Total Cost an. 1 Beginning inventory 801 $79 56.320 May 5 Purchase 80 21.600 Nov. 3 Purchase 190 82 15.580 5401 Calculate cost of goods sold and ending inventory for 2021 assuming the company uses the weighted average cost method (round weighted average unit cost to four decimals. If necessary). TT T Arial 3 (12) T-E- E- 25 gi 270 I Path: P Words:0 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Pathp Words:0 QUESTION 30 During 2021. a company sells 400 units of inventory for $85 each. The company has the following inventory purchase transactions for 2021: Number of Date Transaction Units Unit Cost Total Cost Jan. 1 Beginning inventory 60 $70 $4,200 May 5 Purchase 180 720 12.960 Nov. 3 Purchase 190 75 14.25 $31.410 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. TT T Arial 3 (12pt] - T- I Pathep Words:0 QUESTION 31 During 2021, a company sells 500 units of inventory for 590 each. The company has the following inventory purchase transactions for 2021: Date Jan. 1 Transaction Beginning inventory Number of Units 80 Unit Cost $79 Total Cost 56.320