Homework Answers
| Unit | Unit cost | Total cost | |
| Beginning inventory | 500 | 4 | 2000 |
| Purchase 1 | 800 | 5 | 4000 |
| Total | 1300 | 6000 |
Ending inventory = 300*5 = 1500
Cost of goods sold = 6000-1500 = $4500
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