Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particular product in 2023 as follows: Jan. 1 Beginning inventory Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 897.00 924.00 1,798.00 1,848.00 3,240.00 2,891.00 10,164.00 130 units @$ 6.90 - $ 60 units @ $15.40- 290 units @$ 6.20- 120 units @ $15.40- 540 units @5 6.00- 490 units @$ 5.90- 660 units @ $15.40 Required: 1. Calculate the total goods available for sale (in units and cost).

Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particular product in 2023 as follows: Jan. 1 Beginning inventory Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 897.00 924.00 1,798.00 1,848.00 3,240.00 2,891.00 10,164.00 130 units @$ 6.90 - $ 60 units @ $15.40- 290 units @$ 6.20- 120 units @ $15.40- 540 units @5 6.00- 490 units @$ 5.90- 660 units @ $15.40 Required: 1. Calculate the total goods available for sale (in units and cost).

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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