Problem 5-3A (Static) Perpetual: Alternative cost flows LO P1 Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions. Date January 1 February 10 March 13 March 15 August 21 September 5 Activities Beginning inventory Purchase Purchase Sales Purchase Purchase September 10 Sales Totals Units Sold at Retail Units Acquired at Cost 600 units @ $45 per unit 400 units @ $42 per unit 200 units @ $27 per unit 800 units @ $75 per unit 100 units @ $50 per unit 500 units @ $46 per unit 1,800 units 600 units @ $75 per unit 1,400 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of goods available for sale 77,200 Number of units available for sale 1,800 units 2. Compute the number of units in ending inventory. Ending inventory 400 units