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Cument Autompentru Martinez Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 154 tents. This consists
Cument Autompentru Martinez Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 154 tents. This consists of 48 tents purchased in February at a cost of $210 each and 106 tents purchased in March at a cost of $225 each. During April, the company had the following purchases and sales of tents: Date Apr. 3 10 17 24 30 Purchases Units Unit Cost 190 306 $276 285 Units 76 239 200 Sales Unit Price $368 368 368
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