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Current Attempt in Progress Blossom Company had a beginning inventory balance on July 1 of 430 units at a cost of $2.90 each. During
Current Attempt in Progress Blossom Company had a beginning inventory balance on July 1 of 430 units at a cost of $2.90 each. During the month, the following inventory transactions took place: Purchases Sales Date Units Cost per unit Date Units Price per unit July 10 1,480 $3.00 July 2 310 $5.90 13 670 3.20 11 1,040 5.90 27 620 3.40 28 560 6.60 (a) Calculate the cost of goods available for sale and the number of units of ending inventory.
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