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Compute ending inventory and cost of goods sold using the following: Units In 600 1,000 Unit Cost $8.50 8,60 Unit Sold Selling Price Total Total

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Compute ending inventory and cost of goods sold using the following: Units In 600 1,000 Unit Cost $8.50 8,60 Unit Sold Selling Price Total Total $ 5,100 8,600 500 500 $11.00 11.00 Date March 1 6 7 10 12 15 18 22 25 30 Transaction Balance Purchase Sale Sale Purchase Sale Purchase Sale Purchase Sale $ 5,500 5,500 1,000 9.00 9,000 600 11.40 6,840 200 9.10 1,820 700 12.00 8,400 300 9,05 2,715 200 12.00 2,400 $28,640 Totals 3,100 $27,235 2,500

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