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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and...

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Accounting

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions.
Date Activities Units Acquired at Cost Units Sold at Retail
January 1 Beginning inventory 620 units @ $45 per unit
February 10 Purchase 380 units @ $42 per unit
March 13 Purchase 100 units @ $30 per unit
March 15 Sales 735 units @ $70 per unit
August 21 Purchase 170 units @ $50 per unit
September 5 Purchase 400 units @ $46 per unit
September 10 Sales 570 units @ $70 per unit
Totals 1,670 units 1,305 units
Required:
Compute cost of goods available for sale and the number of units available for sale.

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