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Inventory and Purchases Sales Specific Units Sold Beginning 300 unts $40/unit March 9300 units March 100 units from beginning inventory January 26 200 units $36/unit
Inventory and Purchases Sales Specific Units Sold Beginning 300 unts $40/unit March 9300 units March 100 units from beginning inventory January 26 200 units $36/unit August 31 300 units 110 units from the January-25 purchase June 4 200 units @ $30/unit August 31 90 units from beginning inventory BO units from the juny 25 purchase 130 units from the Juno 4 purchase The units have a selling pnce of 54500 per unit a) Given that Vision Consulting in employs a perpetual inventory system, calculate the cost of goods available for sale and the number of ints vitable for sale, as well as the ones remaining in ending inventory Cost of goods available for sale Units available for sale Unuts remaining in ending inventory b) Please tut in the table by calculating the dotar vitse of cost at goods sold and ending inventory, as well as the gross profit eamed by Vision Consulting in Casing me specific identification system Specific delication Cost of Goods Sold Ending Imety Gross Profit Prepare journal entries to record the following (assuring all sales and purchases are for cash) (a) The purchase on June 4 (D) Thea on August 31 Enter the transaction has the description when preparing joumat anty When a transaction requites two wote journal entre une the same letter for both description Dates must be red in the format din de 15 Jan Generator FB an Chet Type
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