Winganon Company began 2020 with 6,500 units of its principal product. The cost of each unit is $8.25. Merchandise transactions for the month of January 2020 are as follows:
Purchases
Date of Purchase Units Unit Cost Total Cost
Jan. 7 9,000 $ 8 $ 72,000
Jan. 21 10,000 $ 9 $ 90,000
Totals 19,000 $ 162,000
Includes purchase price and cost of freight.
Sales
Date of Sale Units
Jan. 2 6,000
Jan. 13 9,000
Jan. 25 8,500
Total 23,500
required:
compute the number and total cost of unit available for sale in the year 2020?
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