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TB EX Qu. 6-206 During 2021, a company sells... During 2021, a company sells 270 units of inventory for $86 each. The company has the

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TB EX Qu. 6-206 During 2021, a company sells... During 2021, a company sells 270 units of inventory for $86 each. The company has the following inv 2021: Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 70 164 183 417 Unit Cost $67 68 70 Total Cost 4,690 11,152 12,810 $28,652 - Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. 10,290 Ending inventory Cost of goods sold

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