Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales...
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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Tntal Date March 1 March 5 March 9 March 18 March 25 March 29 Beginning inventory Purchases: March 5 March 18 March 25 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Required: 1. Compute cost of goods available for sale and the number of units available for sale. Units Acquired at Cost 130 units @ $51.60 per unit 240 units @ $56.60 per unit # of units 100 units @ $61.60 per unit 180 units @ $63.60 per unit Cost per Unit 650 units Cost of Goods Available for Sale Cost of Goods Available for Sale Units Sold at Retail 290 units @ $86.60 per unit 160 units @ $96.60 per unit 450 units
Required information The following information applies to the questions cisplayed below] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Required: 1. Compute cost of goods available for sale and the number of units avallable for sole
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