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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 110 units @ $ 7.00 = $ 770.00 Jan. 10 Sold 80 units @ $ 15.50 = 1,240.00 Mar. 7 Purchased 300 units @ $ 6.30 = 1,890.00 Mar. 15 Sold 130 units @ $ 15.50 = 2,015.00 July 28 Purchased 550 units @ $ 6.10 = 3,355.00 Oct. 3 Purchased 500 units @ $ 6.00 = 3,000.00 Oct. 5 Sold 670 units @ $ 15.50 = 10,385.00
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