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Old MathJax webview Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Units Sold at Retail Units
Old MathJax webview
Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Units Sold at Retail Units Acquired at Cost 540 units @ $55 per unit 460 units @ $53 per unit 100 units @ $40 per unit Date Activities Jan. 1 Beginning inventory Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totals 745 units @ $80 per unit 170 units @ $61 per unit 430 units @ $54 per unit 600 units @ $80 per unit 1,345 units 1,700 units Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost per # of units Cost of Goods Available for Sale # of units sold Cost per unit Cost of Goods Sold # of units in ending inventory Cost per unit Ending Inventory unit 540 $ 55.00 $ 27,000 0 $ 55.00 S 0 Beginning inventory Purchases: Feb 10 460 $ 53.00 16,800 360 $ 53.00 19,080 100 $ 53.00 5,300 March 13 100 $ 40.00 5,400 0 $ 40.00 0 170 $ 61.00 5,000 0 $ 61.00 Aug 21 Sep 5 430 0 $ 54.00 0 23,000 54.00 Total 1,700 $ 77,200 360 S 19,080 100 5,300
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