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6-1 Algorithmic Saver Help Save & Exit Submit Check my work Problem 6-1A Perpetual: Alternative cost flows LO P1 The following information applies to the

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6-1 Algorithmic Saver Help Save & Exit Submit Check my work Problem 6-1A Perpetual: Alternative cost flows LO P1 The following information applies to the questions displayed below) of 4 Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail Units Acquired at Cost lee units@ $51.00 per unit 225 units@ $56.00 per unit 260 units@ $86.00 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar 18 Purchase Mar 25 Purchase Mar. 29 Sales Totals 85 units@ $61.00 per unit 150 units $63.00 per unit 130 units $96.00 per unit 398 units ook 560 units rint erences Problem 6-1A Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale Caet de Lille en esta Next > 2 Pro w 1 w Help Save & Exit Check my 1 Required information Part 1 of 4 Required: 1. Compute cost of goods available for sale and the number of units available for sale, 25 points Cost of Goods Available for Sale Cost per Cost of Goods Available # of units Unit for Sale Beginning inventory Purchases eBook Print References March 5 March 18 March 25 Total 4 Prev Next > 1 2 3 4 014 MC Graw HAN e e I UUWS EUCHUM=hilips 252F%252lwestgatech blackboard.com 252Fwebapps/252F m 6-1 Algorithmic Sowed Help Save & Exit Submit Check my work Totals 560 units 399 units 7 4 of 4 Problem 6-1A Part 4 4. Compute gross profit eamed by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 65 units from beginning inventory and 195 units from the March 5 purchase, the March 29 sale consisted of 45 units from the March 18 purchase and 85 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar) 15 eBook LIFO FIFO Spec. ID Avg. Cost Print References Gross Margin Sales Less Cost of goods sold Gross profit NE 12 4

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