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plz help wiith the correct answer Warnerwoods Company uses a periodic Inventory system. It entered Into the following purchases and sales transactions for March. Activities
plz help wiith the correct answer
Warnerwoods Company uses a periodic Inventory system. It entered Into the following purchases and sales transactions for March. Activities Units Acquired at Cost Units Sold at Retail Date Mar. 1 Beginning inventory 175 units $65 per unit Mar. 5 Purchase 475 units $70 per unit 495 units $100 per unlt Mar. 9 Sales 270 units $75 per unit Mar. 18 Purchase Mar. 25 Purchase 350 units $77 per unlt 310 units $110 per unit Mar. 29 Sales Totals 1,270 units 805 units For specific Identification, the March 9 sale consisted of 80 units from beginning Inventory and 415 unlts from the March 5 purchase, the March 29 sale conslsted of 115 units from the March 18 purchase and 195 unlts from the March 25 purchaseStep by Step Solution
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