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Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particular product in 2023 as
Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particular product in 2023 as follows: Jan. 1 Beginning inventory Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold Total goods available for sale 130 units @ $ 7.50 60 units @ $16.00 350 units @ $ 6.80 120 units @ $16.00 600 units @ $ 6.60 550 units @ $ 6.50 750 units @ $16.00 Required: 1. Calculate the total goods available for sale (in units and cost). Number of units sold Units $ Cost 975.00 960.00 2,380.00 1,920.00 3,960.00 3,575.00 12,000.00 2. Calculate the number of units sold and units remaining in ending inventory.
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