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please solve this Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 {The following information applies to the questions displayed below.) Warnerwoods Company uses
please solve this 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 Sold at Retail Units Acquired at Cont 140 units @ $51.80 per unit 245 units @ $56.80 per unit 300 units $86.80 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 170 units @ $96.80 per unit 470 units 680 units Prev 1 2 3 4 of 4 !!! Next > Problem 6-1A Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale. Answer is complete but not entirely correct. Cost of Goods Available for Sale # of units Cost per Cost of Goods Unit Available for Sale 220 $ 53.40 $ 11,748 Beginning inventory Purchases: March 5 285 X 145 March 18 March 25 Total 58.40 63.40 65.40 X $ 16,644 9.193 17.658 55,243 270 920
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