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

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

Date Activities Units Acquired at Cost Units Sold at Retail
Mar. 1 Beginning inventory 240 units @ $53.80 per unit
Mar. 5 Purchase 295 units @ $58.80 per unit
Mar. 9 Sales 400 units @ $88.80 per unit
Mar. 18 Purchase 155 units @ $63.80 per unit
Mar. 25 Purchase 290 units @ $65.80 per unit
Mar. 29 Sales 270 units @ $98.80 per unit
Totals 980 units 670 units

2. Compute the number of units in ending inventory.

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