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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 Activities Units Acquired at Cost units sold at Retail March 1 Beginning inventory 160 units @ $52.20 per unit March 5 Purchase 255 units $57.20 per unit March 9 Sales 320 units @ $87.20 per unat March 18 Purchase 115 units $62.20 per unit March 25 Purchase 210 units @ $64.20 per unit March 29 Sales 190 units 597.20 per unit Totals 740 units 510 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of Goods Available for Sale # of units Cost of Goods Available Unit for Sale Cost per Beginning inventory Purchases March 5 March 18 March 25 Total

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