Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions. Date January 1 February 10 Activities Beginning inventory Purchase Units Acquired at Cost 540 units @$55 per unit 460 units @ $53 per unit 100 units Purchase @ $40 per unit Sales Purchase Purchase Sales Totals March 13 March 15 August 21 September 5 September 10 Cost of goods available for sale Number of units available for sale 170 units 430 units Ending inventory 1,700 units units 2. Compute the number of units in ending inventory. Required: 1. Compute cost of goods available for sale and the number of units available for sale. 1,700 units @ $61 per unit @ $54 per unit

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions. Required: 1. Compute cost of goods available for sale and the number of units available for sole 2. Compute the number of units in ending inventory