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Montoure Company uses a perpetual inventory system. It entered into the following calendar - year purchases and sales transactions. Date Activities January 1 Beginning inventory
Montoure Company uses a perpetual inventory system. It entered into the following calendaryear purchases and sales transactions.
Date
Activities
January
Beginning inventory
Units Acquired at Cost
February
March
units @ $ per unit
Purchase
units @ $ per unit
Purchase
units @ $ per unit
March
Sales
Purchase
units @ $ per unit
units @ $ per unit
August
Purchase
units @ $ per unit
September
Sales
Totals
units
Units Sold at Retail
units @ $ per unit
September
units
Required:
Compute cost of goods available for sale and the number of units available for sale.
tableCost of goods available for sale,,Number of units available for sale,,units
Compute the number of units in ending inventory.
Ending inventory
units
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