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- Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following
- Required information [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 March 1 March 5 Beginning inventory Purchase March 9 Sales March 18 Purchase March 25 Purchase March 29 Sales Totals Units Acquired at Cost 100 units @ $51.00 per unit 225 units @ $56.00 per unit 85 units 150 units 560 units @ $61.00 per unit @ $63.00 per unit Units Sold at Retail 260 units @ $86.00 per unit 130 units @ $96.00 per unit 390 units 2. Compute the number of units in ending inventory. Ending inventory units
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