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.

Date

Activities

Units Acquired at Cost

Units Sold at Retail

Mar.

1

Beginning inventory

80

units

@ $50.60 per unit

Mar.

5

Purchase

215

units

@ $55.60 per unit

Mar.

9

Sales

240

units

@ $85.60 per unit

Mar.

18

Purchase

75

units

@ $60.60 per unit

Mar.

25

Purchase

130

units

@ $62.60 per unit

Mar.

29

Sales

110

units

@ $95.60 per unit

Totals

500

units

350

units

Required: 1. Compute cost of goods available for sale and the number of units available for sale.

5 Required information The following information applies to the questions displayed below.j Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions Part 1 of4 for March. Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar.9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Activities Units Acquired at Cost 80 units$50.60 per unit Units Sold at Retail 10 points 215 units$55.60 per unit 240 units$85.60 pe unit 75 units $60.60 per unit 130 units $62.60 per unit 02:58:54 110 units $95.60 per unit Totals 500 units 350 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 per Cost of Goods Available #Of units Unit for Sale Beginning inventory Purchases: March 5 March 18 March 25