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TB EX Qu. 6-204 During 2021, a company sells... During 2021, a company sells 21 units of inventory. The company has the following inventory purchase

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TB EX Qu. 6-204 During 2021, a company sells... 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 15 11 26 Unit Cost $51 53 Total Cost $ 765 583 $1,348 Calculate ending Inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold

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