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ATV Co. began operations on March 1. It entered into purchases and sales for March as shown in the Tableau Dashboard. 1(a). Compute the number

ATV Co. began operations on March 1. It entered into purchases and sales for March as shown in the Tableau Dashboard.

1(a). Compute the number of units available for sale in March. 1(b). Compute the number of units in ending inventory on March 31. 2. Compute the cost assigned to ending inventory using specific identification. Note: The March 9 sale consists of 80 units from March 1 purchase and 340 units from the March 5 purchase; the March 29 sale consists of 40 units from the March 18 purchase and 120 units from the March 25 purchase.

Complete this question by entering your answers in the tabs below.

  • Required 1A
  • Required 1B
  • Required 2

Compute the number of units available for sale in March.

Activity Units
March 1
March 5
March 18
March 25
Units available for sale 0

Complete this question by entering your answers in the tabs below.

  • Required 1A
  • Required 1B
  • Required 2

Compute the number of units in ending inventory on March 31.

Ending inventory units

Compute the cost assigned to ending inventory using specific identification. Note: The March 9 sale consists of 80 units from March 1 purchase and 340 units from the March 5 purchase; the March 29 sale consists of 40 units from the March 18 purchase and 120 units from the March 25 purchase.

Specific Identification
Available for Sale Cost of Goods Sold Ending Inventory
Purchase Date Activity Units Unit Cost Units Sold Unit Cost COGS Ending Inventory- Units Cost Per Unit Ending Inventory- Cost
March 1 Purchase 100
March 5 Purchase 400
March 18 Purchase 120
March 25 Purchase 200
820 0 $0 0 $0

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