Question
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
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 Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Units Acquired at Cost 160 units @ $52.20 per unit 255 units @ $57.20 per unit Units Sold at Retail 320 units @ $87.20 per unit 115 units @ $62.20 per unit 210 units @ $64.20 per unit Totals 740 units 190 units @ $97.20 per unit 510 units Mar. 29 Sales S Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of Goods Available for Sale Beginning inventory Purchases: March 5 March 18 March 25 Total # of units Cost per Unit Cost of Goods Available for Sale Type here to search ][ 2 Part 2 of 4 points eBook 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 Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 160 units @ $52.20 per unit 255 units @ $57.20 per unit 115 units @ $62.20 per unit 210 units @ $64.20 per unit 740 units Units Sold at Retail 320 units @ $87.20 per unit 190 units @ $97.20 per unit 510 units Print References 2. Compute the number of units in ending inventory. Ending inventory Mc Graw Hill Education units Type here to search
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