Units of inventory, During 2015, a company sells 460 units

Units of inventory

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Reference no: EM13917151

During 2015, a company sells 460 units of inventory for $91 each. The company has the following inventory purchase transactions for 2015:

Date	Transaction	Number of Units		Unit Cost		Total Cost
Jan. 1	Beginning inventory		79	$	73	$	5,767
May 5	Purchase		264		74		19,536
Nov. 3	Purchase		182		76		13,832

			525			$	39,135

Calculate cost of goods sold and ending inventory for 2015 assuming the company uses weighted-average cost with a periodic inventory system.(Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount. Omit the "$" sign in your response.)

Cost of goods sold	$
Ending inventory	$

Reference no: EM13917151

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