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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 2020 as

Car Armour sells car wash cleaners. Car Armour 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 Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 110 units @$ 6.40 $ 784.00 80 units $14.90 = 240 units @$ 5.70 = 130 units @$14.90 = 490 units $ 5.50 = 440 units @$ 5.40 = 570 units $14.90 = 1,192.00 1,368.00 1,937.00 2,695.00 2,376.00 8,493.00 Required: 1. Calculate the total goods available for sale (in units and cost). Total goods available for sale Units Cost Next'> 2. Calculate the number of units sold and units remaining in ending inventory Number of units sold Number units remaining in ending inventory Chrome 3. Determine the share of the cost of goods available for sale calculated in Part 1 that should be assigned to ending inventory and to goods sold under: (Do not round the intermediate calculations and round the final answers to nearest whole dollar.) a. FIFO b. Moving weighted average Ending Cost of Goods Inventory Sold

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