Question: ation #3 - Problems Chapters 5-6 Fall, 2021 Saved Help Save & Ex During 2021, a company sells 354 units of inventory for $95 each.

ation #3 - Problems Chapters 5-6 Fall, 2021 Saved
ation #3 - Problems Chapters 5-6 Fall, 2021 Saved Help Save & Ex During 2021, a company sells 354 units of inventory for $95 each. The company has the following inventory purchase transactions for 2021: Number Unit Date Transaction of Units Cost Total Cost Jan. 1 Beginning inventory 68 $60 $ 4,080 May 5 Purchase 161 62 9,982 Nov . 3 Purchase 188 65 12, 220 417 $26, 282 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold

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