Wattan Company reports beginning inventory of 10 units at $ 60 each. Every week for four weeks

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Wattan Company reports beginning inventory of 10 units at $ 60 each. Every week for four weeks it purchases an additional 10 units at respective costs of $ 61, $ 62, $ 65 and $ 70 per unit for weeks 1 through 4. Calculate the cost of goods available for sale and the units available for sale for this four-week period. Assume that no sales occur during those four weeks.

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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