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

600

units

@ $40 per unit

Feb.

10

Purchase

400

units

@ $37 per unit

Mar.

13

Purchase

190

units

@ $15 per unit

Mar.

15

Sales

805

units

@ $70 per unit

Aug.

21

Purchase

190

units

@ $45 per unit

Sept.

5

Purchase

550

units

@ $43 per unit

Sept.

10

Sales

740

units

@ $70 per unit

Totals

1,930

units

1,545

units

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

Cost of goods available for sale
Number of units available for sale		units

2. Compute the number of units in ending inventory.

Ending inventory

units