Dear tutor

I must know where I should derive the data points from.

Question 1 [12 points] Zcom Inc. employs a perpetual inventory system using FIFO. Zcom Inc. has the following purchases and sales during the year ended December 31, 2014. Assume all purchases and sales are for cash. Inventory and Purchases Sales Beginning: 200 units @ $64lunit March 16: 200 units January 20: 200 units @ $62lunit June 19: 200 units May 21: 200 units @ $67lunit The units have a selling price of $80.00 per unit. a) Calculate the cost of goods available for sale, c) Prepare journal entries to record (a) the purchase on May 21 and (b) the sale on June the number of units available for sale, and the 19. Enter the transaction letter as the description when preparing a journal entry. When a units remaining in ending inventory. transaction requires two separate journal entries, use the same letter for both descriptions. Cost of Goods available for sale: _ Dates must be entered in the format ddlmmm (ie. 15/Jan).) Units available for sale: _ Units remaining in ending inventory: _ b) Please ll in the table by calculating the dollar value of cost of goods sold and ending inventory as well as the gross prot earned by Zoom Inc. Cost of Goods Sold: Ending Inventory: Gross Prot