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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. 3 Units Sold at Retail Units Acquired
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. 3 Units Sold at Retail Units Acquired at Cost 220 units @ $53.40 per unit 285 units @ $58.40 per unit 380 units @ $88.40 per unit Part 1 of 3 Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 145 units @ $63.40 per unit 270 units @ $65.40 per unit 250 units @ $98.40 per unit 630 units 920 units 22 points eBook Problem 6-1A Part 1 References 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 # of units Unit Available for Sale Beginning inventory Purchases: March 5 March 18 March 25 Total Mc Graw
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