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TB EX Qu. 6-203 During 2021, a company sells... During 2021, a company sells 23 units of inventory. The company has the following inventory purchase

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TB EX Qu. 6-203 During 2021, a company sells... During 2021, a company sells 23 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 16 16 32 Unit Cost $56 58 Total Cost $ 896 928 $1,824 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Ending inventory Cost of goods sold

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