Question: ENDING INVENTORY AND COST OF GOODS SOLD. Hempstead Company has the following data for 19x9: lol ITEM Inventory, 12/31/x8 Purchases Inventory, 12/31/x9 REQUIRED: UNITS COST

ENDING INVENTORY AND COST OF GOODS SOLD. Hempstead Company has the following data for 19x9: lol

ITEM Inventory, 12/31/x8 Purchases Inventory, 12/31/x9 REQUIRED: UNITS COST 990 $11,200 4,510

ITEM Inventory, 12/31/x8 Purchases Inventory, 12/31/x9 REQUIRED: UNITS COST 990 $11,200 4,510 47,100 720 ? 1. Determine the cost of ending inventory. 2. Determine the number of units sold and the cost of goods sold.

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