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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. The following information applies to the questions
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.
The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March. Activities Units Sold at Retall Date Mar. 1 Beginning Inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Units Acquired at Cost 100 units $50.00 per unlt 400 unlts$55.00 per unlt 420 unlts $85.00 per unit 120 units $60.00 per unlt 200 unlts$62.00 per unlt 160 units $95.00 per unit Totals 820 unlts 580 units value 10.00 points 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 Unit Cost of Goods Available for Sale # of units Beginning inventory Purchases March 5 March 18 March 25 TotalStep by Step Solution
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