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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 March 1 Beginning inventory 100 units @ $51.00 per unit March 5 March 9 March 18 March 25 Purchase Purchase March 29 Sales Totals Purchase 225 units $56.00 per unit Sales Units Sold at Retall 260 units 586.00 per unit 85 units 150 units $61.00 per unit $63.00 per unit 560 units 130 units $96.00 per unit 390 units 2. Compute the number of units in ending inventory. Ending inventory units
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