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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

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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 follows: Jan. 1 Beginning inventory Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 130 units @ $ 5.90 - $ 767.00 60 units @ $14.40 - 864.00 190 units $ 5.20 - 988.00 120 units @ $14.40 - 1,728.00 440 units @ $ 5.00 - 2,200.00 390 units @ $ 4.90 - 1,911.00 510 units $14.40 - 7,344.00 Required: 1. Calculate the total goods available for sale (in units and cost). Units 1,150 $ s Cost 5,866 Total goods available for sale 2. Calculate the number of units sold and units remaining in ending inventory. 690 Number of units sold Number units remaining in ending inventory 460 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 Ending Cost of Goods Inventory Sold s 2,7147 s 3,381 S 7,371 s 14,715 b. Moving weighted average

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