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Saved During 2024, a company sells 21 units of inventory. The company has the following inventory purchase transactions for 2024: Date Transaction Number of
Saved During 2024, a company sells 21 units of inventory. The company has the following inventory purchase transactions for 2024: Date Transaction Number of Units Total January 1 Unit Cost Cost Beginning inventory 16 $52 $832 September 8 Purchase 15 54 810 31 $1,642 Calculate ending inventory and cost of goods sold for 2024 assuming the company uses LIFO. Ending inventory 424 Cost of goods sold
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