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TB EX Qu. 6-206 During 2021, a company sells... During 2021, a company sells 350 units of inventory for $90 each. The company has the
TB EX Qu. 6-206 During 2021, a company sells... During 2021, a company sells 350 units of inventory for $90 each. The company has the following inventory purchase transactions for 2021: Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number Unit of Units Cost Total Cost 67 $65 $ 4,355 1676611,022 185 6 8 12,580 419 $22.952 202 $27.3 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses Ending inventory Cost of goods sold
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