Seminole Company began year 2013 with 27,000 units of product in its January 1 inventory costing $16.40 each. It made successive purchases of its product in year 2013 as follows. The company uses a periodic inventory system. On December 31, 2013, a physical count reveals that 49,000 units of its product remain in inventory.

Mar.	7	42,000 units @ $19.40 each
May	25	44,000 units @ $23.40 each
Aug.	1	34,000 units @ $25.40 each
Nov.	10	40,000 units @ $28.40 each

6.

value: 1.25 points

Required information

Required:

1.	Compute the number and total cost of the units available for sale in year 2013.