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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: 1 Beginning inventory Jan. Jan. 1e Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 120 units 7.90 70 units $16.40 390 units $7.20 125 units $16.40 640 units $7.00 590 units $ 6.90 850 units @ $16,40 948.00 1,148.00 2,800.00 2,050.00 4.480.00 4,071.00 13,940.00 Assume that Car Armour specifically sold the following units: an. 10 78 units from beginning inventory Mar. 15 25 units from beginning inventory, and 100 units from the March 7 purchase Oct 5: 335 units from the July 28 purchase, and 515 units from the October 3 purchase Calculate cost to be assigned to ending inventory and cost of goods sold (Round your final answers to 2 decimal places) July 28 Purchased Oct. 3 Purchased Oct. 5 Sold B 6:48 units e$ 7.ee - 4,480.00 590 units es 6.90 4,071.00 850 units ($16.48 = 13,94e.ee Assume that Car Armour specifically sold the following units: Jan. 10: ze units from beginning inventory Mar. 15: 25 units from beginning inventory, and lee units from the March 7 purchase Oct. 5: 335 units from the July 28 purchase, and 515 units from the October 3, purchase Calculate cost to be assigned to ending inventory and cost of goods sold. (Round you Ending inventory Cost of goods sold
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