Question: 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

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 Units Sold at Retail March 1 March 5 Activities Beginning inventory 100 units Purchase 400 units Units Acquired at Cost $50 per unit 4 $55 per unit March 9 Sales 420 unite $85 per unit March 18 Purchase March 25 Purchase March 201 Salez Totals 120 units 200 $60 per unit 162 per unit 820 units 160 units 580 units $95 per unit Problem 5-1A (Static) Part 3
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