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Required information [The following information applies to the questions displayed below.] Warnerwoods Company...

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Question

Accounting

Required information
[The following information applies to the questions displayed below.]
Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions
for March.
For specific identification, units sold include 80 units from beginning inventory, 340 units from the March 5 purchase, 40
units from the March 18 purchase, and 120 units from the March 25 purchase.
Required:
Compute cost of goods available for sale and the number of units available for sale.
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