Calculate the Total Number of Units Available for Sale and the Cost

question 26

Short Answer

Calculate the total number of units available for sale and the cost of goods available for sale from the following inventory: $$\begin{array} { l l l } \text { Date } & \text { Units } & \text { Cost per unit } \\\hline \text { Beginning inventory, Jan. 1 } & 700 & \$ 20 \\\text { Purchase, February 10 } & 1,300 & \$ 25 \\\text { Purchase, March } 18 & 1,400 & \$ 35 \\\text { Purchase, July 15 } & 1,900 & \$ 40 \\\text { Purchase, October } 9 & 1,200 & \$ 32\end{array}$$
A)How many total units are available for sale?
B)What is the cost of goods available for sale?

• A)How many total units are available for sale?
• B)What is the cost of goods available for sale?

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