Question
Grouper Corporation opened a new store on January 1, 2021. During 2021, the first year of operations, the following purchases and sales of inventory
Grouper Corporation opened a new store on January 1, 2021. During 2021, the first year of operations, the following purchases and sales of inventory were made: Purchases Sales Date: Units Cost per unit Date Units Price per unit Jan. 5. 11 $1,000 July 4 13 $2,000 June 11 11 1,210 Dec. 29 33 2,000 Oct. 18 15 1,310 Dec. 20 18 1,520 Calculate the cost of goods available for sale and the number of units of ending inventory. Cost of goods available for sale $ Number of units of ending inventory Question Part Score units
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