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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 Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 130 units @ $ 7.10 = $ 60 units @ $15.60 E 310 units @ $ 6.40 120 units @ $15.60 560 units @ $ 6.20 510 units @ $ 6.10 B 690 units @ $15.60 = B Jan. 10: 60 units from beginning inventory Mar. 15: 30 units from beginning inventory, and units from the March 7 purchase 90 units from the July 28 purchase, and 475 units from the October 3 purchase Oct. 5: 215 E Assume that Car Armour specifically sold the following units: Ending inventory Cost of goods sold E 923.00 936.00 1,984.00 1,872.00 3,472.00 3,111.00 10,764.00 Calculate cost to be assigned to ending inventory and cost of goods sold. (Round your final answers to 2 decimal places.)
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