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The following information applies to the questions displayed below Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transactions
The following information applies to the questions displayed below Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Units Acquired at Cost 120 units $51.40/unit 235 units $56.40/unit Units Sold at Retail 280 units @ $86.40/unit 95 units $61.40/unit 170 units $63.40/unit 150 units $96.40/unit Totals 620 units 430 units value 15.00 points Required 1. Compute cost of goods available for sale and the number of units available for sale. (Omit the "$" sign in your response.)
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