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Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transacti? Anthony Company uses a perpetual inventory system. It entered

Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transacti? Anthony 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 110 units @ $51.20/unit Mar. 5 Purchase 230 units @ $56.20/unit Mar. 9 Sales 270 units @ $86.20/unit Mar. 18 Purchase 90 units @ $61.20/unit Mar. 25 Purchase 160 units @ $63.20/unit Mar. 29 Sales 140 units @ $96.20/unit

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