1. 6 points Calculate the goods available for sale for Atlantis Company, in units and in dollar amounts, given the following facts about their inventory for the period: LO 10.1 Number of Units Cost per Unit Beginning inventory 140 $75 Purchased goods during the period 240 77 Sold goods during the period 80 125 Purchased goods during the period 220 80
1. 6 points Calculate the goods available for sale for Atlantis Company, in units and in dollar amounts, given the following facts about their inventory for the period: LO 10.1 Number of Units Cost per Unit Beginning inventory 140 $75 Purchased goods during the period 240 77 Sold goods during the period 80 125 Purchased goods during the period 220 80
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:1.
6 points
Calculate the goods available for sale for Atlantis Company, in units
and in dollar amounts, given the following facts about their inventory
for the period:
LO 10.1
Number
of Units
Cost
per Unit
Beginning inventory
140
$75
Purchased goods during the period
240
77
Sold goods during the period
80
125
Purchased goods during the period
220
80
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