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  3. during 2021, a company sells 24 units of inventory

During 2021, a company sells 24 units of inventory. The company has the following inventory...

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During 2021, a company sells 24 units of inventory. The company has the following inventory purchase transactions for 2021: Date Transaction Jan.1 Beginning inventory Sep.8 Purchase Number Unit of Units Cost $53 55 29 Total Cost $ 742 825 $1,567 15 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Ending inventory Cost of goods sold

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