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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 March 1 March 5 Purchase March 9 Sales March 18 Purchase March 25 Purchase March 29 Sales Totals Activities Beginning inventory Units Acquired at Cost 240 units @ $53.80 per unit 295 units @ $58.80 per unit Units Sold at Retail 155 units 290 units 980 units @$63.80 per unit @ $65.80 per unit 400 units @ $88.80 per unit 270 units @ $98.80 per unit 670 units 2. Compute the number of units in ending inventory. Ending inventory units
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