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Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Units sold at Retail Date Activities Units
Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Units sold at Retail Date Activities Units Acquired at Cost 175 units $65 per unit Mar. 1 Beginning inventory 475 units $70 per unit Mar. 5 Purchase 495 units $100 per unit Mar. 9 Sales 270 units $75 per unit Mar. 18 Purchase 350 units $77 per unit Mar. 25 Purchase 310 units $110 per unit Mar. 29 Sales 1.270 units Totals 805 units For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 415 units from the March 5 purchase: the March 29 sale consisted of 115 units from the March 18 purchase and 195 units from the March 25 purchase. 1.66 points 2. Compute the number of units in ending inventory. Ending inventory 805 units
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