Required:

 ?Compute cost of goods available for sale and the number of units available for sale.

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions. Units Acquired at Cost 620 units @ $45 per unit 310 units @ $42 per unit 120 units @ $30 per unit 190 units @ $50 per unit 520 units @ $48 per unit Units Sold at Retail 770 units @ $85 per unit 710 units @ $85 per unit 1,480 units Date January 1 Activities Beginning inventory February 10 Purchase March 13 Purchase March 15 Sales August 21 Purchase September 5 Purchase September 10 Sales Totals 1,760 units