Homework Chapter 5 A Saved Home Chege.com https://www.chegg.com Help Save & Exit Submit Check my work 4 Part 1 of 4 Required information Problem 5-1A Perpetual: Alternative cost flows LO P1 {The following information applies to the questions displayed below.) 3 points Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March Unita Sold at Retail eBook Unita Acquired at Coat 140 units @ $51.80 per unit 245 units @ $56.20 per unit Print Date Activities Mar. 1 Beginning inventory Mer. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Puratlase Mar. 29 Sales Totals 300 units $86.80 per unit References 105 units @ $61.80 per unit 190 units @ $63.20 per unit 170 unita & $96.80 per unit 470 units 6B0 units Problem 5-1A Part 1 Daampad. 190 units & $63.80 per unit 4 25 Purchase Mar. 29 Sales Totala 680 units 170 units @ $96.80 per unit 470 units Part 1 of 4 Problem 5-1A Part 1 3 points Required: 1. Compute cost of goods available for sale and the number of units available for sale. eBook Print Cost of Goods Available for Sale Cost per Cost of Goods Available Unit for Sale of units References Beginning inventory Purchases: March 5 March 18 March 25 Total .07.16 AM 5 Problem 5-1A 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 Part 2 of 4 n Shot 02.18 AM Units Sald at Retail Units required at Cost 140 units @ $51.80 per unit 245 units @ $56.80 per unit 3 points 300 units $26.80 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 105 units @ $61.80 per unit 190 units @ $63.80 per unit eBook 170 units $96.80 per unit 470 unita Shot 02.36 AM 680 units Print References Problem 5-1A Part 2 n Shot 02.43 AM 2. Compute the number of units in ending inventory. Ending inventory units n Shot 02.51 AM .07.16 AM Problem 5-1A Part 4 Part 4 of 4 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 85 units from beginning inventory and 215 units from the March 5 purchase; the March 29 sale consisted of 65 units from the March 18 purchase and 105 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) 4 points FIFO LIFO Avg. Cost Spec. ID Bpk Gross Margin Sales Less: Cost of goods sold Gross profit Print References