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Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for march. March 1 beginning inventory 120 units @
Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for march. March 1 beginning inventory 120 units @ $55 per unit, March 5 Purchase 420 units @ $60 per unit, March 9 sales 440 units @ $90 per unit, March 18 purchase 160 units @ $65 per unit, March 25 Purchase 240 units @ $67 per unit, March 29 sales200 units @ $100 per unit. For specific identification, units sold include 40 units from beginning inventory, 400 units from the March 5 purchase, 60 units from the March 18 purchase, and 140 units from the March 25 purchase. Compute cost of goods available for sale and the number of units available for sale
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