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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions 660 units $60 per unit 330 units $57

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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions 660 units $60 per unit 330 units $57 per unit 110 units $45 per unit Jan. 1 Beginning inventory Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales 715 units $70 per unit 160 units$65 per unit 570 unitse $61 per unit 730 units $70 per unit 1,445 units Totals 1,830 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 sale1,830 units 2. Compute the number of units in ending inventory 385

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