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Part 1 of 4 Required information [The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into
Part 1 of 4 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. 2.85 points eBook Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning 90 units @ $50.80 per inventory unit Mar. 5 Purchase 220 units @ $55.80 per unit Mar. 9 Sales 250 units @ $85.80 per Mar. 18 Purchase @ $60.80 per Print 80 units unit Mar. 25 Purchase 140 units @ $62.80 per 11 unit 120 units @ $95.80 per Mar.29 Sales Totals unit 370 units 530 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of Goods Available for Sale Cost of Goods # of units Cost per Available for Unit Sale Beginning inventory Purchases March 5 March 18 March 25 Total
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