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Check my world Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particular product
Check my world 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: Jan. 1 Beginning inventory Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 110 units@$ 7.00 = $ 770 80 units@$15.50 = 1,240 300 units @$ 6.30 = 1,890 130 units @$15.50 = 2,015 550 units@$ 6.10 = 3,355 500 units@$ 6.00 = 3,000 670 units @$15.50 = 10,385 Assume that Car Armour specifically sold the following units: Jan. 10: 80 units from beginning inventory Mar. 15: 10 units from beginning inventory, and Prev 1 of 3 Next > Check my work VLULU VIL Assume that Car Armour specifically sold the following units: Jan. 10: 80 units from beginning inventory Mar. 15: 10 units from beginning inventory, and 120 units from the March 7 purchase Oct. 5: 200 units from the July 28 purchase, and 470 units from the October 3 purchase k aces Calculate cost to be assigned to ending inventory and cost of goods sold. (Round your final answers to 2 decimal places.) Ending inventory Cost of goods sold
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