Question
ces Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases
ces 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 March 1 March 5 March 9 March 18 March 25 March 29 Required: Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Units Acquired at Cost @ $50 per unit @ $55 per unit 100 units 400 units 120 units 200 units 820 units @ $60 per unit @ $62 per unit Units Sold at Retail 420 units 160 units 580 units @ $85 per unit @ $95 per unit
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