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Check my Required Information The following informaton applies to the questlons displayed below Wamerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for Marchh. 100 units50.00 per 400 units unit Mar. 1 Beginning Marinventory Mar. 5 Purchase Mar. 9 Sales Mar.18 Purchase Mar.25 Purchase Mar.29 Sales unit e $55.00 per 420 units ses.o0 per unit 120 units unit e $60.00 per 200 units $62.00 per unit $95.00 per unit 160 units Totals 820 units 580 units 1. Compute cost of goods avallable for sale and the number of units avaliable for sale Cost of Goods Available for Sale t of unitsCost per Cost of Goods Available for Sale Unit Beginning inventory Purchases March 5 March 18 March 25 Total
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Answer #1
Cost of goods available for sale
# of units Cost per unit Cost of goods available for sale
Beginning inventory 100 50 5000
Purchases:
5-Mar 400 55 22000
18-Mar 120 60 7200
25-Mar 200 62 12400
Total 820 46600
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