Question for My Accounting Assignment

part abc

Q3. XYZ Company had the following activities during the month of August. The company follows a perpetual inventory system and uses the FIFO method. PART 1 Cost or selling Descriptio n Opening Inv. Units price 20 units $12.00 40 Purchase $13.00 Date Aug 1 Aug 7 Aug 10 Aug. 18 Aug. 26 Sale $25.00 units 25 units 30 units 45 units Purchase $14.00 Sale $27.00 a) Calculate units available for sale b) Calculate the cost of units available for sale. c) Calculate the number of units sold