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1 Required information [The following information applies to the questions displayed below) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases
1 Required information [The following information applies to the questions displayed below) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions of 4 for March Units Sold at Retail 159:22 Mar. Date Activities Har. 1 Beginning inventory Mar. 5 Purchase 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 80 units $50.60 per unit 215 units 555.60 per unit 75 units $60.60 per unit 130 units $62.60 per unit 240 units $85.60 per unit 110 units $95.60 per unit 350 units 500 units Required: 1. Compute cost of goods available for sale and the number of units available for sale Cost of Goods Available for Sale # of units Cost of Goods Available Unit for Sale Cost per Beginning inventory Purchases 1 2 3 4 of 7 8 Next > Mar. 248 units @ $85.60 per unit 1 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 75 units@ $60.60 per unit 130 units @ $62.60 per unit 500 units 110 units @ $95.60 per unit 350 units Part 1 of 4 Required: 1. Compute cost of goods available for sale and the number of units available for sale. 01:59:00 Cost of Goods Available for Sale # of units Cost per Cost of Goods Available Unit for Sale Beginning inventory Purchases March 5 March 18 March 25 Total Mc GE 4 of 7 Next >
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