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Required information Problem 5-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual Inventory
Required information Problem 5-1A Perpetual: Alternative cost flows LO P1 [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 238 units @ $53.68 per unit Mar. 5 Purchase 298 units @ $58.60 per unit Mar. 9 Sales 398 units @ $88.68 per unit Mar. 18 Purchase 158 units @ $63.68 per unit Mar. 25 Purchase 280 units @ $65.60 per unit Mar. 29 Sales 268 units @ $98.68 per unit Totals 958 units 650 units Problem 5-1A Part 2 2 Compute the number of units In ending Inventory. Ending inventory units
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