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Chapter 6 6 Sarved Help Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 The following information applies to the questions displayed below) Warnerwoods

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Chapter 6 6 Sarved Help Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 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 Units Sold at Retail Mar. Hur. Activities 1 Beginning inventory 5 Purchase 100 units 400 units 350.00 per unit $55.00 per unit 420 voltssas.00 per unit 120 units 10.00 per unit 200 units $62.00 per unit $95.00 per unit 160 units 550 units Problem 6-1A Part 3 3. Compute me cost assigned to ending inventory using AFODUFO weighted average and specific identification. For specific identification the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase OF G H J K v BN M Required information Cost of Goods Sold Inventory Balance Weighted Average Perpetual Goods Purchased of Cost per I units und March 1 March 5 400 35500 of units sold Cost per cost of Goods Sold unt u Hof units Cost per w e ntovy Balance 100 @ 100 @ 400 500 @ $50.00 = $ 5,000.00 55000 = 5 5,000.00 555.00 22.000.00 $ 27.000.00 55000 5 0000 Average March 9 420 55000- March 18 March 25 Next > here to see OF G H J cvB Chapter Required information teto VER Tuo pat To F G H J K

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