Problem 5-1A 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 | Activities | Units Acquired at Cost | Units Sold at Retail | |||||||||
Mar. | 1 | Beginning inventory | 100 | units | @ $51.00 per unit | |||||||
Mar. | 5 | Purchase | 225 | units | @ $56.00 per unit | |||||||
Mar. | 9 | Sales | 260 | units | @ $86.00 per unit | |||||||
Mar. | 18 | Purchase | 85 | units | @ $61.00 per unit | |||||||
Mar. | 25 | Purchase | 150 | units | @ $63.00 per unit | |||||||
Mar. | 29 | Sales | 130 | units | @ $96.00 per unit | |||||||
Totals | 560 | units | 390 | units | ||||||||
Problem 5-1A Part 1
Required:
1. Compute cost of goods available for sale and
the number of units available for sale.
Problem 5-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed...
Required information [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. Units Sold at Retail Units Acquired at Cost 100 units @ $51.00 per unit 225 units @ $56.00 per unit 260 units @ $86.00 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 85 units @...
Problem 5-1A 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 Units sold at Retail Units Acquired at Cost 150 unitse $52.00 per unit 250 units $57.00 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. Sales Mar. 18 Purehase Mar. 25 Purchase MAT. 29 Sales Totals 310 unitse $87.00 per unit 110...
Check my Problem 5-1A 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 Part 1 of 4 Units Sold at Retail Units Acquired at Cost 100 units @ $50.00 per unit 400 units $55.00 per unit 12.5 points 420 unitse $85.00 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar....
Required information Problem 5-1A 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 Units sold at Retail Units Acquired at Cost 120 units $51.40 per unit 235 units @ $56.40 per unit 280 units $86.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar 25 Purchase Mar....
Problem 5-1A 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 Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Activities Units Acquired at Cost 60 units $50.20 per unit 205 units $55.20 per unit Units Sold at Retail 220 units $85.20 per unit 65...
Required information Problem 6-1A 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 Units Sold at Retail Units Acquired at Cost 170 units @ $52.40 per unit 260 units @ $57.40 per unit 330 units @ $87.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar 18 Purchase...
Saved Required Informatlon Problem 6-1A 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. Activities Units Aequired at Cost 100 units@ 두50.00 per unit 400 units $55.00 per unit Units 3old at Reta Mar. lBeginning inventory Mar. S Purchase Mar. 9 Sales Mar 18 Purchase Max. 25 Purchase Mar. 29 Sales 420 units 85.00 per unie...
PROBLEM SET A connect Problem 6-1A Perpetual: Alternative cost flows P1 Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. (For specific identification, the March 9 sale consisted of 8o units from beginning inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase.) Date Activities Units Acquired at Cost Units Sold...
Homework - Chapter 5 0 Help Seve Required information Problem 5-1A 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. Units Required at Coat 150 units $52.00 per unit 250 units $57.00 per unit Units sold at Retail Date Activities Mar. 1 Beginning inventory Har 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase...
Required information Problem 6-1A 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 lonn I w Unita Sold at Retail Activities Beginning inventory Unita Mequired at Coat 100 units $50.00 per unit 420 units $85.00 per unit 200 units $62.00 per upit 160 units 595.00 per unit Problem 6-1A Part 3 3. Compute the cost assigned...