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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.
\table[[Date,Activities,Units,Acquired at cost,Units Sold at Retail],[March 1,Beginning inventory,100 units,a $51.00 per unit,],[March 5,Purchase,225 units,@ $56.00 per unit,],[March 9,Sales,,,260 units @ $86.00 per unit],[March 18,Purchase,85 units,a $61.00 per unit,],[\table[[March 25],[March 29]],\table[[Purchase],[Sales]],150 units,@ $63.00 per unit,130 units & $96.00 per unit],[March 29,Totals,560 units,,390 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],[Purchases:,-],[\table[[Purchases:],[March 5]]],[\table[[March 5],[March 18]]],[March 25,,-,7],[Total,,-,E]]
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