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Please do both charts Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at
Please do both charts
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail Date March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Units Acquired at Cost 160 units @ $52.20 per unit 255 units @ $57.20 per unit 115 units @ $62.20 per unit 210 units @ $64.20 per unit 320 units @ $87.20 per unit 190 units @ $97.20 per unit 510 units 740 units Required: 1. Compute cost of goods available for sale and the number of units available for sale, Cost per Cost of Goods Available for Sale Cost of Goods Available # of units Unit for Sale 160 s 52.20 $ 8,352 Beginning inventory Purchases March 5 March 18 March 25 Total 57 20 6220 255 115 210 740 14,586 7,153 13,482 43,573 6420 S 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 Activities Units Acquired at cost Units sold at Retail March 1 Beginning inventory 160 units @ $52.20 per unit Purchase 255 units @ $57.20 per unit March 9 Sales 320 units @ $87.20 per unit Purchase 115 units @ $62.20 per unit March 25 Purchase 210 units @ $64.20 per unit March 29 Sales 190 units @ $97.20 per unit Totals 740 units 510 units March 5 March 18 2. Compute the number of units in ending inventory. Ending inventory Step by Step Solution
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