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Required information Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual

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Required information Problem 6-1A (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 Units Sold at Retail Units Acquired at Cost 170 units @ $52.40 per unit 260 units @ $57.40 per unit Date March 1 March 5 March 9 March 18 March 25 March 29 330 units @ $87.40 per unit Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals 120 units 220 units @ $62.40 per unit @ $64.40 per unit 200 units @ $97.40 per unit 530 units 770 units Problem 6-1A (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 Cost of Goods Available Unit for Sale Cost per Beginning inventory Purchases: March 5 March 18 March 25 Total

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