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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. Activities inning inventory Units Acquired at Cost 180 units$52.60 per unit 265 units $57.60 per unit Units Sold at Retail Mar. 1 Beg Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 340 units $87.60 per unit 125 units $62.60 per unit 230 units $64.60 per unit 210 units $97.60 per unit Totals 800 units 550 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 Unit Cost of Goods Available for Sale # of units Beginning inventory March 5 March 18 March 25 Total

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