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Required information Problem 5-1A (Static) Periodic: Alternative cost flows LO P1 [The following information applies to the questions displayed below] Warnerwoods Company uses a
Required information Problem 5-1A (Static) Periodic: Alternative cost flows LO P1 [The following information applies to the questions displayed below] Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March Date Mar. Har. Activities 1 Beginning Inventory 5 Purchase Har 9 Sales Mar. 18 Purchase Mar. 25 Purchase Nar. 29 Sales Totals Units Acquired at Cost 100 units @ $50 per unit 400 units $55 per unit 360 per unit 362 per unit 120 units @ 200 units 820 units Units Sold at Retail 420 units @ ses per unit 160 units @ $95 per unit 560 units For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase, the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase. Problem 5-1A (Static) Part 2 2. Compute the number of units in ending inventory Ending inventory units C
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