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Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual
Required information Problem 6-1A 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 Mar. Mar. Activities 1 Beginning inventory 5 Purchase Mar. 9 Sales Units Sold at Retail Totals Units Acquired at Cost 150 units @ $52.00 per unit 250 units @ $57.00 per unit 110 units @ $62.00 per unit 200 units @ $64.00 per unit 710 units 310 units @ $87.00 per unit Mar 18 Purchase Mar. 25 Purchase Mar. 29 Sales 180 units @ $97.00 per unit 490 units Problem 6-1A Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale. D
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