During 2021, 34,000 units were purchased for $20 per unit. due to unexpected demand for the company's product, 2021 sales totaled 42,000 units at various prices, leaving 21,000 units in ending inventory. required: 1. calculate the amount to report for cost of goods sold for 2021. 2. determine the amount of lifo liquidation profit that the company must report in a disclosure note to its 2021 financial statements. assume an income tax rate of 25%. 3. if the company decided to purchase an additional 8,000 units at $20 per unit at the end of the year, how much income tax currently payable would be saved?

In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory