Question: need help on this question please #2 Date Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for

need help on this question
please #2 need help on this question please #2 Date Warnerwoods Company uses a

Date Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March. Activities Units Aequired at Cost Units sold at Rota More Beginning inventory 90 unitse $50.80 per unit Mar. S Purchase 220 unitse $55.80 per unit Mar. 9 Sales 250 units & $85.80 per unit Mar. 18 Purchase 80 units $60.80 per unit Mar. 25 Purchase 140 unitse $62.80 per unit Mar. 29 Sales 120 unita e $95.80 per unit Totals 530 units 370 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Answer is complete but not entirely correct. Cost of Goods Available for Sale Cost per Cost of Goods #of units Unit Available for Sale 90S 50.00 4,500 220 Beginning inventory Purchases: March 5 March 18 March 25 Total 80 65.00 60.00 62.00 12,100 4,800 9,920 31,320 160 550

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!