Journal entry for COGS, the accounts are COGS-Premium, COGS-Medium, COGS-Light.

Inventory records bags \begin{tabular}{l|l} Cost of Goods Sold - beans & \\ \hline Beg. Inv. & $14,000.00 \\ Purchases & $42,000.00 \\ Ending Inventory & $37,737.50 \\ Cost of Goods Sold & $18,262.50 \\ \hline \end{tabular}