5 Homework Saved Montoure Company uses a periodic inventory system. It entered into the following calendar-year purchases and sales transactions Date January 1 February 10 Harch 13 March 15 1 August 21 September 5 September 10 Activities Beginning inventory Purchase Purchase Sales Purchase Purchase Sales Totals Units Acquired at Cost 695 units $45.00 per unit @ $42.00 per unit $27.00 per unit Units Sold at Retail 1,100 units $75.00 per unit 590 units 295 units 195 units 595 units $50.00 per unit $46.00 per unit 2,370 units 200 units $75.00 per unit 1,970 units Required: 1. Compute cost of goods available for sale and the number of units available for sale Cost of goods available for sale Number of units available for sale units 2 Compute the number of units in ending inventory