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Required information [The following information applies to the questions displayed below.] Wamerwoods Company uses a perpetual inventory system. It entered into the following purchases and
Required information [The following information applies to the questions displayed below.] Wamerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date March 1 Units Sold at Retail Activities Beginning inventory) 190 units Units Acquired at Cost $52.00 per unit March 5 Purchase 270 units $57.00 per unit March 9 Sales 350 units $87.00 per unit March 18 Purchase 130 units March 25 Purchase 240 units $62.80 per unit $64.80 per unit March 29 Sales Totals 830 units 220 units $97.80 per unit 570 units 2. Compute the number of units in ending inventory. Ending inventory units
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