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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Activities Beginning inventory Units Acquired at Cost 600
Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Activities Beginning inventory Units Acquired at Cost 600 units $40 pe!r 360 units $37 per 150 units * $25 per Units Sold at Retail Date Jan. 1 Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales unit G $80 per 765 units unit 200 units unit e $45 per Aug. 21 Purchase Sept. 5 Purchase Sept.10 Sales 580 units $42 per G $80 per unit 780 units Totals 1,890 units 1,545 units Required 1. Compute cost of goods available for sale and the number of units available for sale Answer is complete and correct. Cost of goods available for $74,430 sale Number of units available for sale 1,890units 2. Compute the number of units in ending inventory Answer is complete and correct. Ending invento 345 units
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