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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
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.
tableDateActivities,Units,Acquired at costUnits Sold at RetailMarch Beginning inventory, units,a $ per unit,March Purchase, units,@ $ per unit,March Sales,,, units @ $ per unitMarch Purchase, units,a $ per unit,tableMarch March tablePurchaseSales units,@ $ per unit, units & $ per unitMarch Totals, units,, units
Required:
Compute cost of goods available for sale and the number of units available for sale.
tableCost of Goods Available for Sale# of units,tableCost perUnittableCost of Goods Availablefor SaleBeginning inventoryPurchases:tablePurchases:March tableMarch March March TotalE
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