compute the number of units in ending inventory **Perpetual Inventory System Analysis - Warnerwoods Company**The Warnerwoods Company employs a perpetual inventory system, and the following table outlines the purchases and sales transactions for the month of March.### Transaction Details#### Activities and Dates- **Mar. 1:** Beginning Inventory- **Mar. 5:** Purchase- **Mar. 9:** Sales- **Mar. 18:** Purchase- **Mar. 25:** Purchase- **Mar. 29:** Sales#### Units Acquired at Cost- **Mar. 1:** 90 units @ $50.80 per unit- **Mar. 5:** 220 units @ $55.80 per unit- **Mar. 18:** 80 units @ $60.80 per unit- **Mar. 25:** 140 units @ $62.80 per unit- **Total Units Acquired:** 530 units#### Units Sold at Retail- **Mar. 9:** 250 units @ $85.80 per unit- **Mar. 29:** 120 units @ $95.80 per unit- **Total Units Sold:** 370 units### Summary- **Total Units Acquired:** 530 units- **Total Units Sold:** 370 unitsThis transactional data reflects the detailed flow of inventory within Warnerwoods Company for March, showing both the acquisition cost and the sale price for each transaction.

Name: compute the number of units in ending inventory **Perpetual Inventory
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Description: compute the number of units in ending inventory **Perpetual Inventory System Analysis - Warnerwoods Company**The Warnerwoods Company employs a perpetual inventory system, and the following table outlines the purchases and sales transactions for the m

SOLUTION- FORMULA- 1-NO OF UNITS IN ENDING INVENTORY = NO OF UNITS AVAILABLE FOR SALE - NO OF UNIT…

Business

Accounting

ework Saved [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transa for March. Units Sold at Retail Units Acquired at Cost 90 units @ $50.80 per unit 220 units@ $55.80 per unit Date Activities 1 Beginning inventory 5 Purchase Mar. 9 Sales Mar. Mar. 250 units @ $85.80 per unit 80 units @ $60.80 per unit 140 units @ $62.80 per unit Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 120 units @ $95.80 per unit Totals 530 units 370 units Problem 5-1A Part 2

ework Saved [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transa for March. Units Sold at Retail Units Acquired at Cost 90 units @ $50.80 per unit 220 units@ $55.80 per unit Date Activities 1 Beginning inventory 5 Purchase Mar. 9 Sales Mar. Mar. 250 units @ $85.80 per unit 80 units @ $60.80 per unit 140 units @ $62.80 per unit Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 120 units @ $95.80 per unit Totals 530 units 370 units Problem 5-1A Part 2

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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