Question
Saved During 2021, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 202 Date Transaction Jan. 1
Saved During 2021, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 202 Date Transaction Jan. 1 Beginning inventory Sep. 8 Purchase Number of Units Unit Total Cost 20 $55 10 40 30 Cost $1,100 400 $1,500 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses the weighted average cost method und weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.) Ending inventory Cost of goods sold
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