How do I calculate ending inventory?

The Boxwood Company Sells blankets for $60 each. Purchase 5 units 30$ Purchase 10 units 34$ Purchase 10 units 40$ Sale 3 units Sale 6 units Sale 3 units Assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the average...

In searching the Internet on a method of how to do this, all examples include beginning inventory and purchases to determine average inventory. I know ending inventory for one year is beginning inventory for the next, but when you don't have information on purchases, how does one arrive at finding...

Hi ! I've honestly spent a long time trying to figure this out, but I keep getting the answer wrong and I'm not sure how I should go about this question. I'm not asking for you to just give me the answer, if you have time to give a little explanation that would be nice so I could understand what...

I need your help on the following question I can not seem to get this: Beginning Inventroy: 1,000 units @$10 per unit Purchases: 3,000 units @$12 per unit Sales: 3,500 units @$16 per unit Ending Inventory: 500 units Compute both the ending inventroy value and cost of goods sold using each of...