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 January 1 Beginning inventory 660 units @ $60 per unit February 10 Purchase 338 units @ $57 per unit March 13 Purchase 110 units @ $45 per unit March 15 Sales 715 units $70 per unit August 21 Purchase 160 units $65 per unit September 5 Purchase 570 units @ $61 per unit September 10 Sales 730 units $70 per unit Totals 1,830 units 1,445 units cos Required: 1. Compute cost of goods available for sale and the number of units available for sale. $ Cost of goods avalable for sale Number of units avalable for sale 1.830 units 2. Compute the number of units in ending inventory Ending inventory 385 units Saved ER 6: Problems Goods Purchased Perpetual FIFO: Cost of Goods Sold # of units Cost per cost of Goods Sold sold unit Dato Cost per # of units unit January 1 Inventory Balance Cost per Inventory of units unit Balance 660 at $ 60,00 $ 39,600,00 660 at $ 60.00 $ 39,600.00 330 at $ 57.00 = 18,810.00 $ 58.410.00 330 at $ 57.00 February 10 Total Feb Mary 10 110 at $ 45,00 at nes March 13 at at $ 60.00 = $57.00 $ 45,00 - Total March 13 660 55 at at March 15 $ 60.00 $ 57.00 $45.00 at $ 39,600.00 0.00 0.00 $ 39,600.00 at at Total March 15 August 21 Total August 21 September Prev 1 of 2 Next > ot 110 at > 45.00 1 > DUUU $57.00 = $ 45,00 - March 13 Total March 13 680 55 at at March 15 $ 60.00 $57.00 $ 45,00 $ 39,600.00 0.00 0.00 $ 39,800.00 at Book Total Mil 15 ences August 21 Total August 21 September Total September 5 September 10 Total September 10 Totals $ 39,800.00 $ 0.00 Navt