During the year ended December 31, 2021, Blake company sold 12,000 cases of Product T...
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During the year ended December 31, 2021, Blake company sold 12,000 cases of Product T for $120,000. Facts related to its beginning inventory and purchases are as follows: January 1 Beginning inventory - 5,000 cases @ $4.00 February 10 Purchase - 3,000 cases @ $5.00 April 23 Purchase - 8,000 cases @ $4.50 August 5 Purchase - 2,000 cases @ $5.00 
Please show all supporting computations. For the year ended December 31, 2021, compute: Total Goods Available for Sale in units: Total Goods Available for Sale in $ The number of units in ending inventory The average cost of one case of Product T: The value of the ending inventory using the average cost method: E E
January 1 Beginning inventory - 5,000 cases @ $4.00
February 10 Purchase - 3,000 cases @ $5.00
April 23 Purchase - 8,000 cases @ $4.50
August 5 Purchase - 2,000 cases @ $5.00
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