Use the information in Exercise 6-3. Assume that Trout Company specifically sold the following units:
In Exercise 6.3
Trout Company uses a perpetual inventory system and made purchases and sales of a particular product in 2014 as follows:

Calculate cost to be assigned to ending inventory and cost of goods sold.

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S 780 1,050 1,450 1,875 2,800 2,475 9,000 Jan. 1 Beginning inventory.120 units 56.50 Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 70units @ $15.00 = 250 units โ25 units @ $15.00-ะ 500 units 450 units$5.50 600 units$15.00 $5.80 $5.60 Jan. 10: 70 25 100 320 280 units from beginning inventory units from beginning inventory, and units from the March 7 purchase units from the July 28 purchase, and units from the October 3 purchase Mar. 15: Oct. 5: