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Required information Problem 5-1A Perpetual: Alternative cost flows LO P1 (The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory

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Required information Problem 5-1A 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. Date Activities Unito Sold at Retail Mar. 1 Beginning inventory Units Acquired at Cost 130 unitse $51.60 per unit 240 unitse $56.60 per unit Mar. 5 Purchase 290 unito e $86.60 per unit Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 100 units # $61.60 per unit 180 units # $63.60 per unit 160 units@ $96.60 per unit 450 units Totala 650 units Problem 5-1A 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 Cost per Cost of Goods Available # of units Unit for Sale Boginning inventory Purchases March 5 March 18 March 25 Total

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