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Required information [The following information applies to the questions displayed below.) Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and
Required information [The following information applies to the questions displayed below.) Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March Date Activities Units Acquired at Cost Units sold at Retail Mar. 1 Beginning inventory 185 units @ $75 per unit Mar 5 Purchase 485 units @ $80 per unit 9 Sales 505 units 0 $11e per unit Mar. 18 Purchase 290 units @ $85 per unit Mar. 25 Purchase 370 units@ $87 per unit Mar. 20 Sales 330 units $120 per unit Totals 1,330 units 835 units Mar For specific identification, the March 9 sale consisted of 40 units from beginning inventory and 465 units from the March 5 purchase, the March 29 sole consisted of 125 units from the March 18 purchase and 205 units from the March 25 purchase 2. Compute the number of units in ending inventory Ending inventory units
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