Chapter 7 Homeworkx (--) cl ezto.mtieducation.com/hm.tpx Orion tron Corp. tracks the number of units purchased and sold throughout each year but applies i inventory costing method at the end of the year, as if it uses a periodie inventory systerm. Assume its accounting records provided the following information st the end of the annual accounting penod. 300 $10 For the year b. Purchase, April 11 c. Purchase, June 1 d. Sale, May 1 (sold for $38 per unit) e. Sale, July 3 (sold for $38 per unit) t. Operating expenses (excluding income tax expense), $19.300 700 600 11 300 550 Required: 1. Calculate the number and cost of goods available for sale Number of Goods Available for Sale units Cost of Goods Available for Sale 2. Calculate the number of units in ending inventory average cost (Do not round intermediate calculations, Round your final answers to the dollar amount) pute the cos: of ending inventory and cost of goods so s under (a) FIFO. (e)LiFO. and (o) weighted nearest Cost of Ending Cost of G Sold FIFO LIFO Weighted Ave sge Cost 0 Type here to search