Question: Use the following information given to you by Thunder Cloud Company to answer the next 4 questions: Beginning inventory 10@$6 $60 Purchase #1 5 @

Use the following information given to you by Thunder Cloud Company to answer the next 4 questions: Beginning inventory 10@$6 $60 Purchase #1 5 @ $8 = $40 Sale #1 7 @ $20 $140 Purchase #2 Purchase #3 4@$12 $48 2@$14 $28 Sale #2 5@ $20-$100 Thunder Cloud's cost of goods available for sale would be: $176 $64 $116 $240

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