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Ivanhoe Company had a beginning inventory balance on July 1 of 350 units at a...

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Accounting

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Ivanhoe Company had a beginning inventory balance on July 1 of 350 units at a cost of $3.00 each. During the month the following inventory transactions took place: Sales Date Purchases Units Cost per unit 1.540 53.10 Date Units Price per unit July 10 July 2 270 $5,80 13 680 3.40 11 1.000 5.80 27 620 3.60 28 620 6.60 Calculate the cost of goods available for sale and the number of units of ending inventory. Cost of goods available for sale $ Number of units of ending inventory units Ivanhoe Company had a beginning inventory balance on July 1 of 350 units at a cost of $3.00 each. During the month the following inventory transactions took place: Sales Date Purchases Units Cost per unit 1.540 53.10 Date Units Price per unit July 10 July 2 270 $5,80 13 680 3.40 11 1.000 5.80 27 620 3.60 28 620 6.60 Calculate the cost of goods available for sale and the number of units of ending inventory. Cost of goods available for sale $ Number of units of ending inventory units

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