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Wildhorse Co. Inc. had a beginning inventory of 100 units of Product RST at a cost of $6 per unit. During the year, purchases
Wildhorse Co. Inc. had a beginning inventory of 100 units of Product RST at a cost of $6 per unit. During the year, purchases were: Feb. 20 620 units at $7 Aug. 12 400 units at $9 May 5 520 units at $8 Dec. 8 100 units at $10 Wildhorse Co. uses a periodic inventory system. Sales totaled 1,535 units.
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