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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 inventory

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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 inventory system. It entered into the following purchases and sa for March. Date Activities Beginning Units Acquired at Cost 150 _@ $52.00 per Units Sold at Retail Mar. 1 inventory 150 units unit Mar. 5 Purchase 250 units @ $57.00 per - unit Mar. 9 Sales 310 units it@ $87.00 per Mar. 18 Purchase 110 units @ $62.00 per unit @ $64.00 per Mar.25 Purchase 200 units unit Mar. 29 Sales 180 units @ $97.00 per unit 490 units Totals 710 units oblem 6-1A Part 3 compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased Cost per units unit Date of units sold Cost of Goods Sold Cost per Cost per Cost of Goods Sold unit March 1 Inventory Balance Cost per Inventory of u s ts wit Balance 150 @ 552.00 = $ 7,800.00 a March 5 March 9 1 March 18 1 11 March 25 March 29 ILUL 0.00 Totals Perpetual LIFO >

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