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Problem 5 - 1 A ( Algo ) Perpetual: Alternative cost flows LO P 1 Skip to question [ The following information applies to the

Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P1
Skip to question
[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 80 units @ $50.60 per unit
March 5 Purchase 215 units @ $55.60 per unit
March 9 Sales 240 units @ $85.60 per unit
March 18 Purchase 75 units @ $60.60 per unit
March 25 Purchase 130 units @ $62.60 per unit
March 29 Sales 110 units @ $95.60 per unit
Totals 500 units 350 units
Problem 5-1A (Algo) Part 1
Required:
1. Compute cost of goods available for sale and the number of units available for sale. Required information
Problem 5-1A (Algo) 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.
blem 5-1A (Algo) Part 1
uired:
ompute cost of goods available for sale and the number of units available for sale.
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