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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 purchases and
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 I Date Activities 1111 Units Acquired at cost Units Sold at Retail Mar. 1 Beginning inventory180 units@$52.60 per unit Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 265 units$57.60 per unit 340 units $87.60 per unit 125 units $62.60 per unit 230 units $64.60 per unit 210 units@ $97.6e per unit 550 units Totals 8e0 units
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