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March 5 March 9 March 18. March 25 March 29 Sales Purchase Purchase Sales Totals Activities Beginning inventory Purchase Warnerwoods Company uses a perpetual
March 5 March 9 March 18. March 25 March 29 Sales Purchase Purchase Sales Totals Activities Beginning inventory Purchase Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date March 1 Units Sold at Retail Units Acquired at Cost 240 units @ $53.80 per unit 295 units @ $58.80 per unit 155 units @ $63.80 per unit 290 units @ $65.80 per unit 400 units $88.80 per unit 980 units: 270 units @ $98.88 per unit 670 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of Goods Available for Sale Beginning inventory Purchases: March 5 March 18 March 25 Total # of units Cost per Unit Cost of Goods Available for Sale
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