Problem 5-3A Perpetual: Alternative cost flows LO P1 Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Date Jan. 1 Beginning inventory Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Activities Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales Units Acquired at Cost 600 units @ $60 per unit 400 units @ $57 per unit 150 units @ $45 per unit 150 units @ $65 per unit 450 units @ $61 per unit Units Sold at Retail 750 units @ $85 per unit Totals 1,750 units 600 units @ $85 per unit 1,350 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 sale units