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Chapter 6 assignment 3 10 points eBook Print References Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases
Chapter 6 assignment 3 10 points eBook Print References 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 @ $ 7.70 60 units @ $16.20 370 units @ $ 7.00 = 120 units @ $16.20 = 620 units @ $ 6.80 570 units @ $ 6.70 = 810 units @ $16.20 = Jan. 10: 60 units from beginning inventory Mar. 15: 30 units from beginning inventory, and 90 units from the March 7 purchase Oct. 5: 305 units from the July 28 purchase, and 505 units from the October 3 purchase = Assume that Car Armour specifically sold the following units: Ending inventory Cost of goods sold $ 1,001.00 972.00 2,590.00 1,944.00 4,216.00 3,819.00 13,122.00 Saved Calculate cost to be assigned to ending inventory and cost of goods sold. (Round your final answers to 2 decimal places.) H
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