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Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Date Activities Units Acquired at Cost
Warnerwoods Company uses a periodic 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 March 5 Beginning inventory Purchase 90 units @ $50.80 per unit 220 units @ $55.80 per unit March 9 Sales 250 units @ $85.80 per unit March 18 Purchase March 25 Purchase March 29 Sales Totals 530 units 80 units @ $60.80 per unit 140 units @ $62.80 per unit 120 units @ $95.80 per unit 370 units Calculate the total cost of goods available for sale Answer:
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