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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 following purchases
! Required information [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 120 units @ $51.40 per unit 235 units @ $56.48 per unit Date March 1 March 5 March 9 March 18 March 25 March 29 280 units @ $86.40 per unit Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals 95 units @ $61.40 per unit 178 units @ $63.40 per unit 150 units @ $96.40 per unit 430 units 620 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of Goods Available for Sale Cost of Goods of units Unit Available for Sale Cost per Beginning inventory Purchases: March 5 March 18 March 25 Total S HE Next >
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