Computing goods available for sale LO P1

Wattan Company reports beginning inventory of 22 units at $53 each. Every week for four weeks it purchases an additional 22 units at respective costs of $54, $55, $58 and $63 per unit for weeks 1 through 4. Compute the cost of goods available for sale and the units available for sale for this four-week period. Assume that no sales occur during those four weeks.

Activity Units Units cost Cost of Goods Available

Beginning Inventory

1st week purchase

2nd week purchase

3rd week purchase

4th week purchase

Units available for sale

Cost of goods available for sale