Solve Required 1 Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particularproduct in 2023 as follows:Jan. 1 Beginning inventoryJan. 10 SoldMar. 7 Purchased tMar. 15 SoldJuly 28 PurchasedOct. 3 PurchasedOct. 5. Sold130 units @$ 6.90 = $60 units @$15.40290 units @$ 6.20-120 units @ $15.40 -Total goods available for sale540 units @$ 6.00490 units @$ 5.90660 units @ $15.40=Units897.99924.00Required:1. Calculate the total goods available for sale (in units and cost).Cost1,798.001,848.003,240.002,891.0010,164.00vived2. Calculate the number of units sold and units remaining in ending inventory.

Name: Solve Required 1 Car Armour sells car wash cleaners. Car Armour uses a
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Description: Solve Required 1 Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particularproduct in 2023 as follows:Jan. 1 Beginning inventoryJan. 10 SoldMar. 7 Purchased tMar. 15 SoldJuly 28 Purch

The cost of units available for sale include the cost of Beginning inventory and net purchases…

Business

Accounting

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 130 units @$ 6.90 = $ 60 units @$15.40 = 290 units @s 6.20 = 120 units @$15.40- 540 units @$ 6.00- 490 units @s 5.90 660 units @ $15.40 Total goods available for sale Required: 1. Calculate the total goods available for sale (in units and cost). Units 897.990 924.00 Cost 1,798.00 1,848.00 3,240.00 2,891.00 10,164.00

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 130 units @$ 6.90 = $ 60 units @$15.40 = 290 units @s 6.20 = 120 units @$15.40- 540 units @$ 6.00- 490 units @s 5.90 660 units @ $15.40 Total goods available for sale Required: 1. Calculate the total goods available for sale (in units and cost). Units 897.990 924.00 Cost 1,798.00 1,848.00 3,240.00 2,891.00 10,164.00

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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