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Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date Activities Units Acquired at Cost Units
Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. |
Date | Activities | Units Acquired at Cost | Units Sold at Retail | |||||||||
Mar. | 1 | Beginning inventory | 90 | units | @ $50.80/unit | |||||||
Mar. | 5 | Purchase | 220 | units | @ $55.80/unit | |||||||
Mar. | 9 | Sales | 250 | units | @ $85.80/unit | |||||||
Mar. | 18 | Purchase | 80 | units | @ $60.80/unit | |||||||
Mar. | 25 | Purchase | 140 | units | @ $62.80/unit | |||||||
Mar. | 29 | Sales | 120 | units | @ $95.80/unit | |||||||
Totals | 530 | units | 370 | units | ||||||||
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QUESTION: How can i 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 |
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