Question
Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3 [The following information applies to the questions displayed below.] Warnerwoods Company uses a
Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3 [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 Activities Beginning inventory Purchase Units Acquired at Cost 160 units @$52.20 per unit Units Sold at Retail March 9 Sales March 18 Purchase March 25 Purchase March 29 Sales Totals Problem 5-1A (Algo) Part 2 2. Compute the number of units in ending inventory. Ending inventory units 255 units $57.20 per unit 320 units @ $87.20 per unit 115 units 210 units $62.20 per unit $64.20 per unit 740 units 190 units @ $97.20 per unit 510 units
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