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Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3 [The following information applies to the questions displayed below.] Warnerwoods Company uses a
Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3 [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. Datel March 1 Activities. Beginning inventory Purchase Sales Purchase March 5 March 9 March 18 March 25 March 29 Purchase Sales Totals Units Acquired at Cost 160 units @$52.20 per unit 255 units @$57.20 per unit Units Sold at Retail 320 units @ $87.20 per unit 115 units @ $62.20 per unit 210 units @ $64.20 per unit 740 units 190 units @ $97.20 per unit 510 units Problem 5-1A (Algo) Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale. Problem 5-1A (Algo) 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 Beginning inventory Purchases: March 5 March 18 March 25 Total Cost per Unit Cost of Goods Available for Sale S < Prev 6 7 8 9 of 9
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