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[The following Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Units Sold at Retail

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[The following Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Units Sold at Retail Date March 1 Activities Beginning inventory Units Acquired at Cost 60 units $50.20 per unit March 5 Purchase 205 units $55.20 per unit March 9 Sales 220 units $85.20 per unit March 18 Purchase March 25 Purchase 65 units 110 units $60.20 per unit @ $62.20 per unit March 29 Sales Totals 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 Beginning inventory Purchases March 5 March 18 March 25 Total # of units Cost per Unit Cost of Goods Available for Sale

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