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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

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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 sales transactions for March. Date March 1 March 5 Activities Beginning inventory Purchase March 9 Sales March 18 March 25 Purchase Purchase March 29 Sales Totals 2. Compute the number of units in ending inventory. Ending inventory units Units Acquired at Cost 160 units @ $52.20 per unit 255 units @ $57.20 per unit 115 units @ $62.20 per unit 210 units @ $64.20 per unit 740 units Units Sold at Retail 320 units @ $87.20 per unit 190 units @ $97.20 per unit 510 units

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