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Oriole Company had a beginning inventory balance on July 1 of 360 units at a cost of $3.20 each. During the month, the following inventory
Oriole Company had a beginning inventory balance on July 1 of 360 units at a cost of $3.20 each. During the month, the following inventory transactions took place: Purchases Sales Date July 10 13 27 Units 1.440 710 570 Cost per unit $3.30 3.60 3.80 Date July 2 11 Units 300 1,020 480 Price per unit $6.00 6.00 6.60 28 (a) Calculate the cost of goods available for sale and the number of units of ending inventory Cost of goods available for sale Number of units of ending inventory units
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