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Question

Splish Brothers Inc. had a beginning inventory on January 1 of 353 units of Product 4-18-15 at a cost of

$21 per unit. During the year, the following purchases were made.


Mar. 15940 units at $24Sept. 4823 units at $27July 20588 units at $25Dec. 2235 units at $30

2,350 units were sold. Splish Brothers Inc. uses a periodic inventory system.


(a)

Determine the cost of goods available for sale.


The cost of goods available for sale$

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