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Problem 6-1a Perpetual Alternative cost flows lo p1 11 Fart-lof-l 10 points at El! Required Information Problem 6-1A Perpetual: Alternative cost flows LO P1 (The

Problem 6-1a Perpetual Alternative cost flows lo p1

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11 Fart-lof-\"l 10 points at El! Required Information Problem 6-1A Perpetual: Alternative cost flows LO P1 (The following information applies to the questions displayed beiow} Wamerwoods Company uses a perpetual inventory system. It entered Into the following purchases and sales transactions for March. Date Activities Units inequities! at: Cost Units Sold at Retail Ear. 1 Beginning inventory- 1D unitsa 550.045 per unit Ear. 5 Purchase dl unitsa 555.045 per unit Ear. 9 Bales 42D units 9 5E5.|5D per unit Hat. 1.5 Purchase 129 units@ 550.00 per unit Hat. :5 Purchase EDD units 553.00 per unit Hat. :9 Sales 169 units 9 595.99 per unit Totals BED unit-s 55D unit-s I. Problem 6-1A Part 4 ill. Compute gross prot earned by me companyr for each of the four costing methods For specic identication, me March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from me March 25 purchase. (Round weighted average oost per unit to two decimals; - seems -_-- Ewes unt -___

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