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! Required information [ The following information applies to the questions displayed below. ] Warnerwoods Company uses a perpetual inventory system. It entered into the

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[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.
\table[[Date,Activities,Units Acquired at cost,Units Sold at Retail],[March 1,Beginning inventory,150 units @$52.00 per unit,],[March 5,Purchase,250 units @ $57.00 per unit,],[\table[[March 9],[March 18]],Sales,,310 units @ $87.00 per unit],[\table[[March 18],[March 25]],Purchase,110 units @ $62.00 per unit,],[\table[[March 25],[March 29]],\table[[Purchase],[Sales]],200 units @ $64.00 per unit,180 units @ $97.00 per unit],[,Totals,710 units,490 units]]
Required:
Compute cost of goods available for sale and the number of units available for sale.
\table[[,Cost of Goods Available for Sale],[,# of units,\table[[Cost per],[Unit]],\table[[Cost of Goods Available],[for Sale]]],[Beginning inventory,150,$,52.00,$,7,800],[\table[[Beginning inventory],[Purchases:]]],[March 5,250,,57.00,,14,250],[March 18,110,,62.00,,6,820],[March 25,200,,64.00,,12,800],[Total,710,,,$,41,670]]
*****Calculate number of units in ending inventory and prepare FIFO, LIFO, Weighted average, and specific identification charts*****
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