Business, 06.05.2020 05:46, tulensru02

During 2021, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 2021: Date Transaction Number of Units Unit Cost Total Cost Jan. 1 Beginning inventory 20 $ 55 $ 1,100 Sep. 8 Purchase 10 26 260 30 $ 1,360 Calculate ending inventory and cost of goods sold 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.)

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During 2021, a company sells 25 units of inventory. The company has the following inventory purchase...