1.
Cost of Good Available for Sale | |||
# of Units | Cost per Unit | Cost of Goods Available for Sale | |
Beginning inventory | 240 | 53.80 | 12,912 |
Purchases: | |||
March 5 | 295 | 58.80 | 17,346 |
March 18 | 155 | 63.80 | 9,889 |
March 25 | 290 | 65.80 | 19,082 |
Total | 980 | $59,229 |
2.
ending inventory = Number of units available for sale - Number of units sold
= 980-670
= 210 units
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Required information The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual...
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. Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 240 units @ $53.80 per unit Mar. 5 Purchase 295 units @ $58.80 per unit Mar. 9 Sales 400 units @ $88.80 per unit Mar. 18 Purchase 155 units @ $63.80 per unit Mar. 25 Purchase 290...
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. Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 240 units @ $53.80 per unit Mar. 5 Purchase 295 units @ $58.80 per unit Mar. 9 Sales 400 units @ $88.80 per unit Mar. 18 Purchase 155 units @ $63.80 per unit Mar. 25 Purchase 290...
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 Retolt Units Acquired at Cost 240 units@ $53.80 per unit 295 unitse $58.80 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 400 units & $88.80 per unit 155 units 290 units $63.50...
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