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Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March. Units Acquired at Cost Units Sold

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Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March. Units Acquired at Cost Units Sold at Retail Date Activities March 1 Beginning inventory 150 units $52.00 per unit March 5 Purchase 250 units @ $57.00 per unit March 9 Sales 310 units $87.00 per unit March 18 March 25 March 29 Purchase Purchase Sales 110 units 200 units @$62.00 per unit $64.00 per unit Totals 710 units 180 units $97.00 per unit 490 units Required:

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