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Montoure Company uses a periodic inventory system. It entered into the following calendar-year purchases and sales transactions. Montoure Company uses a perlodic inventory system. It

Montoure Company uses a periodic inventory system. It entered into the following calendar-year purchases and sales transactions. image text in transcribed
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Montoure Company uses a perlodic inventory system. It en tered into the following calendar-year purchases and sales transactions 10 Feb. 1 Purchase 420 units $52.00 per unit 220 units@$37.00 per unit 820 units s85.00 per unit Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales 140 units $60.00 per unit 540 units $56.00 per unit eBook Print References 80 unitse s85.00 per unit Totals 1,960 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of 2. Compute the number of units in ending inventory

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