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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

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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 Activities Units Acquired at Cost Units sold at Retail March 1 Beginning inventory 100 units @ $51.00 per unit March 5 Purchase 225 units @ $56.00 per unit March 9 Sales 260 units @ $86.00 per unit March 18 Purchase 85 units @ $61.00 per unit March 25 Purchase 150 units @ $63.00 per unit March 29 Sales 130 units @ $96.00 per unit Totals 560 units 390 units 2. Compute the number of units in ending inventory Ending inventory units

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