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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

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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 Its Acquired at Cost Units sold at Retail Mar. 1 Beginning Inventory 100 unit units $50 per Mar. 5 Purchase 400 units $55 per unit Mar. 9 Sales 420 units $85 per unit Mar. 18 Purchase 120 units $60 per unit Mar. 25 Purchase 200 units $62 per unit Mar. 29 Sales 160 units $95 per unit Totals 820 units 580 units References Problem 1A Perpetuo lemar ve cos Section Break

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