[The following information applies to the questions displayed below.]

Viper Company began year 2011 with 20,000 units of product in its January 1 inventory costing $15.00 each. It made successive purchases of its product in year 2011 as follows. The company uses a periodic inventory system. On December 31, 2011, a physical count reveals that 35,000 units of its product remain in inventory.

Mar.	7	28,000 units @ $18.00 each
May.	25	30,000 units @ $22.00 each
Aug.	1	20,000 units @ $24.00 each
Nov.	10	33,000 units @ $27.00 each

[The following information applies to the questions displayed below.] Viper Company began year 2011 with 20,000 units of product in its January 1 inventory costing $15.00 each. It made successive purchases of its product in year 2011 as follows. The company uses a periodic inventory system. On December 31, 2011, a physical count reveals that 35,000 units of its product remain in inventory. Mar. 7 28.000 units @ $18.00 each May, 25 30,000 units @ $22.00 each Aug. 1 20,000 units @ $24.00 each Nov. 10 33,000 units @ $27.00 each value: 4.00 points Required: 1. Compute the number and total cost of the units available for sale in year 2011. (Omit the "S" sign in your response.) units Number of units available for sale Cost of the units available for sale $ value: 16.00 points 2. Compute the amounts assigned to the 2011 ending inventory and the cost of goods sold. (Input all amounts as positive values. Round per unit costs to 3 decimal places. Round your final answers to the nearest dollar amount. Omit the "$" sign in your response.) (a) FIFO periodic Total cost of units available for sale Less ending inventory on a FIFO basis $ Cost of units sold FA (b) Weighted average cost periodic $ Total cost of units available for sale Less ending inventory on a weighted average cost Cost of units sold Santana Rey receives the March bank statement for Business Solutions on April 11, 2022. The March 31 bank statement shows an ending cash balance of $88,888. The general ledger Cash account, Number 101, shows an ending cash balance per books of $87,369 as of March 31 (prior to any reconciliation). A comparison of the bank statement with the general ledger Cash account Number 101, reveals the following a. The bank erroneously cleared a $520 check against the company account in March that S. Rey did not issue. The check was actually issued by Business Systems. b. On March 25, the bank statement lists a $43 charge for a safety deposit box. Santana has not yet recorded this expense. c. On March 26, the bank statement lists a $118 charge for printed checks that Business Solution's ordered from the bank. Santana has not yet recorded this expense. d. On March 31, the bank statement lists 541 interest earned on Business Solutions's checking account for the month of March. Santana has not yet recorded this revenue. e. S. Rey notices that the check she issued for $137 on March 31, 2022, has not yet cleared the bank. f. S. Rey verifies that all deposits made in March do appear on the March bank statement. Required: 1. Prepare a bank reconciliation for Business Solutions for the month ended March 31, 2022 BUSINESS SOLUTIONS Bank Reconciliation March 31, 2022 Book balance Add: Bank statement balance Add: Deduct Deduct: Adjusted bank balance Adjusted book balance 2. Prepare any necessary entries. Use Miscellaneous Expenses, for any bank charges. Use Interest Revenue for any interest earned on the checking account for March. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction Mat Journal entry worksheet Record journal entry related to the $520 check charged erroneously to Business Solutions' account, if required. Note: Enter debits before credits. General Journal Debit Credit Date March 31 Record entry Clear entry View general Journal