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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 130 units @ $ 7.50 = $ 975.00 Jan. 10 Sold 60 units @ $ 16.00 = 960.00 Mar. 7 Purchased 350 units @ $ 6.80 = 2,380.00 Mar. 15 Sold 120 units @ $ 16.00 = 1,920.00 July 28 Purchased 600 units @ $ 6.60 = 3,960.00 Oct. 3 Purchased 550 units @ $ 6.50 = 3,575.00 Oct. 5 Sold 750 units
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