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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 4 July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 130 units @ $ 6.40 60 units @ $14.90 240 units @ $ 5.70 120 units @ $14.90 490 units @ $ 5.50 440 units @ $ 5.40 550 units @ $14.90 Jan. 10: 60 units from beginning inventory Mar. 15: Oct. Assume that Car Armour specifically sold the following units: = $ 30 units from beginning inventory, and units from the March 7 purchase 90 5: 110 units from the July 28 purchase, and 440 units from the October 3 purchase 832.00 894.00 1,368.00 1,788.00 2,695.00 2,376.00 8,195.00 Calculate cost to be assigned to ending inventory and cost of goods sold. (Round your final answers to 2 decimal places.)
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