Chapter 16, Problem 3AT

To determine

To calculate: The total number of imported silk ties available for sale and the cost of goods available for sale from the following inventory figures for Ritz Fashion, Inc.

$\begin{array}{cccc}& & & \\ \text{Date}& \begin{array}{l}\text{Unit}\\ \text{Purchased}\end{array}& \text{Cost per Unit}& \begin{array}{l}\text{Total}\\ \text{Cost}\end{array}\\ \text{Beginning Inventory, January 1}& 59& \$46.10& \_\_\_\\ \text{Purchase, March}29& 75& 43.50& \_\_\_\\ \text{Purchase, July 14}& 120& 47.75& \_\_\_\\ \begin{array}{l}\text{Purchase, October 12}\\ \text{Purchase, December 8}\end{array}& \begin{array}{l}95\\ 105\end{array}& \begin{array}{l}50.00\\ 53.25\end{array}& \begin{array}{l}\_\_\_\\ \end{array}\\ \text{Total units available}& \_\_\_& \text{Cost of goods Available for sale}& \_\_\_\end{array}$