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During 2021, a company sells 450 units of inventory for $88 each. The company has the following inventory purchase transactions for 2021: Date Transaction Jan.

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During 2021, a company sells 450 units of inventory for $88 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 80 269 181 530 Unit Cost Total Cost $74 $ 5,920 75 20,175 77 13,937 $40,032 Calculate cost of goods sold and ending inventory for 2021 assuming the company uses the weighted-average cost method. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.) Cost of goods sold Ending Inventory

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