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Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March Mar 1 Mar 5 Purchase Mar 9

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Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March Mar 1 Mar 5 Purchase Mar 9 Sales Mar 18 Purchase Mar 25 Purchase Mar. 29 Sales 40 unts $7500 per unit 440 units $8000 per un 460 units o $10.00 per unin 200 units $8500 per unit 280 units $8700 per unn 240 units 700 unts $12000 per unit Totals 1,060 unit For specific identfication, the March 9 sale consisted of 90 units from beginning inventory and 370 units from the March 5 purchase, the March 29 sale consisted of Bo unts thom the March la purcha and 160 units from the March 25 purchase

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