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Chapter 5 Homework 3 P24 Required information (The following information applies to ther questions displayed below Help Save & Exit Sub Check my work Warnerwoods
Chapter 5 Homework 3 P24 Required information (The following information applies to ther questions displayed below Help Save & Exit Sub Check my work Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Quits Sold at Retail Date Activities Units Acquired at Cost March 1 Beginning inventory 220 units March 5 March 9 Purchase 285 units $53.40 per unit $58.40 per unit Sales 380 units 588.48 per unit March 18 March 25 Purchase Purchase 145 units 270 units $63.40 per unit $65.40 per unit March 29 Sales Totals 920 units 250 units @ $98.48 per unit 630 units 2. Compute the number of units in ending inventory. Ending inventory
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