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