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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. Activities Beginning inventory Purchase March 9 Sales March 18 March 25 March 29 Sales Totals Purchase Purchase Units Acquired at Cost. 80 units $50.60 per unit 215 units @$55.60 per unit 75 units $60.60 per unit 130 units @$62.60 per unit 500 units Units Sold at Retail 240 units $85.60 per unit 110 units $95.60 per unit 350 units 2. Compute the number of units in ending inventory. Ending inventory units
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