Question 19

Section Quiz #2 0 Saved Help Save 19 During 2021, a company sells 250 units of inventory for $85 each. The company has the following inventory purchase transactions for 2021: Number Unit Date Transaction of Units t Total Cost Jan. 1 Beginning inventory 65 $60 $ 3,900 164 61 10,004 2 00:34:17 May 5 Purchase Nov . 3 Purchase 186 63 11, 718 415 $25,622 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO Ending inventory Cost of goods sold Mc F7 F10 4 5 O