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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. DateActivitiesUnits Acquired at CostUnits Sold at Retail
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.
DateActivitiesUnits Acquired at CostUnits Sold at Retail
Mar.1 Beginning inventory 200 units @ $53.00/unit
Mar.5 Purchase 275 units @ $58.00/unit
Mar.9 Sales 360 units@ $88.00/unit
Mar.18 Purchase 135 units @ $63.00/unit
Mar.25 Purchase 250 units @ $65.00/unit
Mar.29 Sales 230 units@ $98.00/unit
Totals 860 units 590 units
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