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please help me solve the following questions 1. 2. 3. thank you Martinez Company's ending inventory includes the following items. Product Helmets Bats Shoes Uniforms
please help me solve the following questions
Martinez Company's ending inventory includes the following items. Product Helmets Bats Shoes Uniforms Units Cost per Unit 38 $ 60 31 78 52 97 56 42 Market per Unit $ 56 84 101 42 Compute the lower of cost or market for ending inventory applied separately to each product. Per Unit Total Inventory Items Units Cost Market Cost Market LCM Applied to Items Helmets 38 $ 60 $ 56 Bats 78 31 52 84 101 97 Shoes Uniforms 56 42 42 $ 0 $ 0 (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 Unita Bed at Recans Date Activities Mar. 1 Beginning inventory Mar 5 Purchase Mar. 9 Sales Mar. 10 Purchase Mar. 25 Purchase Mar. 29 Sales Totala Units Acquired at Coat 70 units @ $50.40 per unit 210 units @ $55.40 per unit 70 units $60.40 per unit 120 units $62.40 per unit 230 units # $85.40 per unit 410 units 100 units $95.40 per unit 330 units Problem 6-1A Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale Cost of Goods Available for Sale # of units Cost of Goods Unit Available for Sale Cost per Beginning inventory Purchases March 5 March 18 March 25 Total 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 Acquired at Cost 70 unita $50.10 per unit 210 units @ $55.10 per unit Units sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 230 unitaces.40 per unit 70 units 9 $60.40 per unit 120 units 8 $62.40 per unit 470 units 100 units $95.10 per unit 330 units Problem 6-1A Part 2 2. Compute the number of units in ending inventory. Ending inventory unts 1.
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thank you
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