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Canadian Tire sells car wash cleaners. Canadian Tire uses a perpetual Inventory system and made purchases and sales of a particular product in 2020 as

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Canadian Tire sells car wash cleaners. Canadian Tire uses a perpetual Inventory system and made purchases and sales of a particular product in 2020 as follows: Jan 1 Beginning inventory Jan 10 Sold Purchased 15 Sold July 28 Purchased Oct 3 Purchased Oct. 5 Sold 130 units $ 7.19 $ 923.98 60 units @ $15.60 936.00 310 units $ 6.40 1,984.00 120 units $15.60 1,872.00 560 units @ $6.20 2,472.00 510 units @ $ 6.10 3,111.00 690 units $15.60 10,764.00 Assume that Canadian Tire specifically sold the following units: Jan. 30 68 units from beginning inventory Mar 15 30 units from beginning inventory, and 90 units from the March 7 purchase Oct 5: 215 units from the July 28 purchase, and 475 units from the October 3 purchase Calculate cost to be assigned to ending inventory and cost of goods sold. (Round your final answers to 2 decimal places.) $ Ending inventory Cost of goods sold 4044 50 5445.50 0 0 o - to search

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