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TB EX Qu. 6-206 During 2021, a company sells... During 2021, a company sells 300 units of inventory for $92 each. The company has the

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TB EX Qu. 6-206 During 2021, a company sells... During 2021, a company sells 300 units of inventory for $92 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 66 169 100 415 Unit Cost 564 65 67 Total Cost $ 4,224 10,985 12,060 $27,269 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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