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The following information relates to Ayayai Back Falls Ltd.'s inventory transactions during the month of February. Units Cost/Unit Amount Feb. 1 Beginning inventory 9,450 $25.00

The following information relates to Ayayai Back Falls Ltd.'s inventory transactions during the month of February. Units Cost/Unit Amount Feb. 1 Beginning inventory 9,450 $25.00 $236,250 10 Sale 8,190 14 Purchase 5,040 $26.00 $131,040 18 Purchase 630 $28.00 $17,640 25 Sale 5,040 26 Purchase 5,040 $37.00 $186,480 28 Sale 3,654 All of the units sold were priced at $87.00 per unit.

cost of goods sold

gross margin

ending inventory

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