! Required information Problem 5-1A (Static) Perpetual: Alternative cost flows LO P1 [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 Units Acquired at Cost Units Sold at Retail 100 units 400 units @ $50 per unit @ $55 per unit March 9 Sales 420 units @ $85 per unit March 18 Purchase March 25 Purchase 120 units 200 units @ $60 per unit @ $62 per unit March 29 Sales Totals 820 units 160 units 580 units @ $95 per unit Problem 5-1A (Static) Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale. Beginning inventory Purchases: March 5 March 18 March 25 Total Cost of Goods Available for Sale Cost per Cost of Goods Available for Sale Unit # of units