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Sarasota Corporation opened a new store on lanuary 1, 2017. During 2017, the first year of operations, the following purchases and sales of inventory were
Sarasota Corporation opened a new store on lanuary 1, 2017. During 2017, the first year of operations, the following purchases and sales of inventory were made Purchases Sales Cost per unit Price per unit Units Units Date Jan. 5 June 11 Oct. 18 Dec. 20 Date $1,100July 4 $2,100 Dec. 1,330 29 1,460 1,610 $2,100 16 19 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 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Assume Sarasota uses weighted average periodic. Calculate the cost of ending inventory, cost of the goods sold, and gross profit. (Round the weighted average cost per unit to two decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,275.) Ending inventory Cost ot goods sold Gross profit
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