Question
equired information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and
equired 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 Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 130 units @ $51.60 per unit Mar. 5 Purchase 240 units @ $56.60 per unit Mar. 9 Sales 290 units @ $86.60 per unit Mar. 18 Purchase 100 units @ $61.60 per unit Mar. 25 Purchase 180 units @ $63.60 per unit Mar. 29 Sales 160 units @ $96.60 per unit Totals 650 units 450 units 2. Compute the number of units in ending inventory.
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