Question: Required Information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3 [The following Information applies to the questions displayed below.] Warnerwoods Company uses a

Required Information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3 [Thefollowing Information applies to the questions displayed below.] Warnerwoods Company uses aperpetual Inventory system. It entered into the following purchases and sales transactionsfor March. Date March 1 March 5 Activities Beginning inventory Purchase March9 Sales March 18 Purchase March 25 Purchase March 29 Sales Totals

Required Information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3 [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. Date March 1 March 5 Activities Beginning inventory Purchase March 9 Sales March 18 Purchase March 25 Purchase March 29 Sales Totals Units Acquired at Cost 70 units @ $50.40 per unit 210 units @ $55.40 per unit 70 units @ $60.40 per unit 120 units @ $62.40 per unit 470 units Units Sold at Retail 230 units @ $85.40 per unit 100 units @ $95.40 per unit 330 units

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