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Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date Mar. 1 Beginning Inventory Mar. 5
Anthony 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 170 units@ $52.40/unt 260 units $57.40/unlt Units Sold at Retall 330 unlts $87.40/unit 120 unlts $62.40/unit 220 unlts $64.40/unlt 200 unlts $97.40/unit Totals 770 unlts 530 units
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