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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 and

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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 and sales transactions for March Date March 1 March 5 March 9 March 18 March 25 March 29 Units Acquired at Cost 60 units @ $50.20 per unit 205 units @ $55.20 per unit Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totala Units sold at Retail 220 units $85.20 per unit 65 units e $60.20 per unit 110 units $62.20 per unit 440 units 90 units . $95.20 per unit 310 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 Total

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