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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 sales transactions for March Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 100 units @ $50.00 per unit Mar. 5 Purchase 400 units @ $55.00 per unit Mar. 9 Sales 420 units @ $85.00 per unit Mar. 18 Purchase 120 units @ $60.00 per unit Mar. 25 Purchase 200 units@ $62.00 per unit Mar. 29 Sales 160 units @ $95.00 per unit Totals 820 units 580 units Problem 6-1A 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 wat 580 units Problem 6-1A 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 # of units Unit Available for Sale Beginning inventory Purchases: March 5 March 18 March 25 Total Prev 6 SN 8 of 9 Next >

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