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

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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 March 9 March 18. March 25 March 29 Activities Beginning inventory Units Acquired at Cost 70 units Units Sold at Retail $50.40 per unit Purchase 210 units $55.40 per unit Sales 230 units $85.40 per unit Purchase Purchase 70 units 120 units $60.40 per unit $62.40 per unit Sales Totals 470 units 100 units $95.40 per unit. 330 units
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