Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Activities Problem 5-1A Part 1 Beginning inventory Purchases: March 5 March 18 March 25 Total Units Acquired at Cost 240 units @ $53.80 per unit 295 units @ $58.80 per unit 155 units@ $63.80 per unit 290 units @ $65.80 per unit # of units 980 units 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 Units Sold at Retail Cost of Goods Available for Sale 400 units @ $88.80 per unit 270 units @ $98.80 per unit 670 units

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Problem 5-1A Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale