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The Hat Store had the following series of transactions for Year 2 Date January 1 Transaction Beginning inventory March 15 Purchased May 30 Sold
The Hat Store had the following series of transactions for Year 2 Date January 1 Transaction Beginning inventory March 15 Purchased May 30 Sold August 10 Purchased November 20 Sold Description 55 units @$22.50 185 units @ $26.50 160 units @ $26.50 290 units @ $27.50 345 units @ $42.00 Required a. Determine the quantity and dollar amount of Inventory at the end of the year, assum assumption and keeps perpetual records. (Round your answers to 2 decimal places. # of units unit cost Ending Inventory (to Balance Sheet) Ending inventory: units @
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