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Saved During 2021, a company sells 21 units of inventory. The company has the following inventory purchase transactions for 2021: Date Transaction Jan.1 Beginning inventory

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Saved During 2021, a company sells 21 units of inventory. The company has the following inventory purchase transactions for 2021: Date Transaction Jan.1 Beginning inventory Sep.8 Purchase Number of Units 19 14 33 Unit Cost $60 62 Total Coat $1,140 868 $2,008 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. $ 720 Ending inventory Cost of goods sold $ 1,288 10 Next >

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