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Marlow Company uses a perpetual inventory system. During the year, it entered into the following purchases and sales transactions. Date Jan. Activities 1 Beginning inventory Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totals Units Sold at Retail Units Acquired at Cost 640 units @ $44 per unit 210 units@ $40 per unit 120 units @ $20 per unit 410 units @ $75 per unit 170 units @ $60 per unit 290 units @ $48 per unit 1,430 units 230 units @ $75 per unit 640 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of goods available for sale $ 63,080 Number of units available for sale 1,430 units 2. Compute the number of units in ending inventory. Ending inventory 790 units Marlow Company uses a perpetual inventory system. During the year, it entered into the following purchases and sales transactions. Date Jan. Activities 1 Beginning inventory Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totals Units Sold at Retail Units Acquired at Cost 640 units @ $44 per unit 210 units@ $40 per unit 120 units @ $20 per unit 410 units @ $75 per unit 170 units @ $60 per unit 290 units @ $48 per unit 1,430 units 230 units @ $75 per unit 640 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of goods available for sale $ 63,080 Number of units available for sale 1,430 units 2. Compute the number of units in ending inventory. Ending inventory 790 units