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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
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 Units Acquired at Cost Units Sold at Retail March Beginning inventory 15I units @ $52.00 per unit March Purchase 25I units @ $57.00 per unit March Sales 310 units @ $87." per unit March Purchase 11I units @ $62.00 per unit March Purchase 20I units @ $64.00 per unit March Sales 180 units @ $97." per unit Totals 71I units 490 units 2. Compute the number of units in ending inventory. _l_
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