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

Date

Activities

Units Acquired at Cost

Units Sold at Retail

Jan.

1

Beginning inventory

620

units

@ $45 per unit

Feb.

10

Purchase

310

units

@ $42 per unit

Mar.

13

Purchase

120

units

@ $30 per unit

Mar.

15

Sales

770

units

@ $85 per unit

Aug.

21

Purchase

190

units

@ $50 per unit

Sept.

5

Purchase

520

units

@ $48 per unit

Sept.

10

Sales

710

units

@ $85 per unit

Totals

1,760

units

1,480

units

Required: 1. Compute cost of goods available for sale and the number of units available for sale.

2. Compute the number of units in ending inventory.