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Required information [The following information applies to the questions displayed belowj Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and
Required information [The following information applies to the questions displayed belowj Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Activities Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Units Acquired at Cost 210 units $53.20 per unit 280 units $58.20 per unit Units Sold at Retail 370 units $88.20 per unit 140 units$63.20 per unit 260 units $65.20 per unit 240 units$98.20 per unit 610 units Totals 890 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 Prev 1 2 3 4 of 4Next > ere to search
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