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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 Units sold at Retail Units Acquired at Cost 220 units @ $53.40 per unit 285 units @ $58.40 per unit 380 units @ $88.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 145 units @ $63.40 per unit 270 units @ $65.40 per unit 250 units @ $98.40 per unit 630 units 920 units Problem 5-1A Part 2 2. Compute the number of units in ending inventory. Ending inventory units
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