Question
Required information Problem 5-1A (Static) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a
Required information Problem 5-1A (Static) 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 tran for March. Date March 1 Units Sold at Retail Activities Beginning inventory Units Acquired at Cost 100 units March 5 March 9 March 18 Purchase March 25 Purchase March 29 Sales Totals Purchase 400 units @$50 per unit @$55 per unit Sales 420 units @ $85 per unit 120 units 200 units @ $60 per unit @ $62 per unit 820 units 160 units 580 units. @ $95 per unit Problem 5-1A (Static) Part 2 2. Compute the number of units in ending inventory. Ending inventory units
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