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Montoure Company uses a perpetual inventory system. It entered into the following calendar - year purchases and sales transactions. Date Activities Units Acquired at Cost
Montoure Company uses a perpetual inventory system. It entered into the following calendaryear purchases and sales transactions.
Date Activities Units Acquired at Cost Units Sold at Retail
January Beginning inventory units @ $ per unit
February Purchase units @ $ per unit
March Purchase units @ $ per unit
March Sales units @ $ per unit
August Purchase units @ $ per unit
September Purchase units @ $ per unit
September Sales units @ $ per unit
Totals units units
Required: Compute the cost assigned to ending inventory using FIFO
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