Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions...

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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for Mar

business accounting

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Answer 1

Answer #1

Requirement

	Cost of Goods available for sale
	Units	Cost/unit	COG for sale
Beginning Inventory	230	$ 53.60	$ 12,328.00
Purchases:
05-Mar	290	$ 58.60	$ 16,994.00
18-Mar	150	$ 63.60	$ 9,540.00
25-Mar	280	$ 65.60	$ 18,368.00
TOTAL	950		$ 57,230.00

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Answer 2

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