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Craig Ltd. began the month of March with 976 units in inventory with a total cost of $2,440. The company uses a perpetual inventory
Craig Ltd. began the month of March with 976 units in inventory with a total cost of $2,440. The company uses a perpetual inventory system and had the following transactions during the month of March: Unit Cost Total Cost Mar. 7 Purchased 2,440 units $3.15/unit $7,686 Mar. 12 Purchased 1,710 units $3.20/unit $5,472 Mar. 15 Sold 1,340 units at $7.20/unit Mar. 21 Purchased 980 units $3.85/unit $3,773 Mar. 26 Sold 1,464 units at $7.20/unit Determine Craig's cost of goods available for sale for March. Cost of goods available for sale $
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