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CH 5 #1 i 1 Part 1 of 4 2.5 points Saved Required information [The following information applies to the questions displayed below.] Warnerwoods
CH 5 #1 i 1 Part 1 of 4 2.5 points Saved 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 for March. Date March 1 March 5 Activities Beginning inventory Purchase March 9 Sales March 18 eBook March 25 March 29 Purchase Purchase Sales Units Acquired at Cost 120 units @ $51.40 per unit 235 units 95 units 170 units Units Sold at Retail @ $56.40 per unit 280 units @ $86.40 per unit @ $61.40 per unit $63.40 per unit Totals 620 units 150 units @$96.40 per unit 430 units References Required: 1. Compute cost of goods available for sale and the number of units available for sale. Beginning inventory Purchases: March 5 March 18 March 25 Total Cost of Goods Available for Sale # of units Cost per Unit Cost of Goods Available for Sale
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