Ziad Company had a beginning inventory on January 1 of 150 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made.
| Mar. 15 |
|
400 units |
|
at |
|
$23 |
|
Sept. 4 |
|
350 units |
|
at |
|
$26 |
| July 20 |
|
250 units |
|
at |
|
$24 |
|
Dec. 2 |
|
100 units |
|
at |
|
$29 |
1,000 units were sold. Ziad Company uses a periodic inventory system.Determine the cost of goods available for sale.