Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Units Acquired at Cost 80 units @ $50.60 per unit 215 units @ $55.60 per unit Date Activities Units Sold at Retail Beginning inventory Purchase Sales Purchase March 1 March 5 March 9 March 18 March 25 240 units @ $85.60 per unit 75 units @ $60.60 per unit 130 units @ $62.60 per unit Purchase March 29 Sales 110 units @ $95.60 per unit Totals 500 units 350 units Problem 5-1A (Algo) Part 2 2. Compute the number of units in ending inventory.
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Units Acquired at Cost 80 units @ $50.60 per unit 215 units @ $55.60 per unit Date Activities Units Sold at Retail Beginning inventory Purchase Sales Purchase March 1 March 5 March 9 March 18 March 25 240 units @ $85.60 per unit 75 units @ $60.60 per unit 130 units @ $62.60 per unit Purchase March 29 Sales 110 units @ $95.60 per unit Totals 500 units 350 units Problem 5-1A (Algo) Part 2 2. Compute the number of units in ending inventory.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![[The following information applies to the questions displayed below.]
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions
for March.
Units Sold at Retail
Units Acquired at Cost
80 units @ $50.60 per unit
215 units @ $55.60 per unit
Date
Activities
March 1
Beginning inventory
Purchase
Sales
March 5
240 units @ $85.60 per unit
March 9
March 18
Purchase
Purchase
75 units @ s60.60 per unit
|130 units @ S62.60 per unit
March 25
March 29
Sales
110 units @ S95.60 per unit
Totals
500 units
350 units
Ces
Problem 5-1A (Algo) Part 2
2. Compute the number of units in ending inventory.
Ending inventory
units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F97b5df25-1667-438a-b46e-c2a0d1ae7c86%2Faca1c99f-daab-4f69-ae88-afa3ce79fa25%2Ffgvpmx7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:[The following information applies to the questions displayed below.]
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions
for March.
Units Sold at Retail
Units Acquired at Cost
80 units @ $50.60 per unit
215 units @ $55.60 per unit
Date
Activities
March 1
Beginning inventory
Purchase
Sales
March 5
240 units @ $85.60 per unit
March 9
March 18
Purchase
Purchase
75 units @ s60.60 per unit
|130 units @ S62.60 per unit
March 25
March 29
Sales
110 units @ S95.60 per unit
Totals
500 units
350 units
Ces
Problem 5-1A (Algo) Part 2
2. Compute the number of units in ending inventory.
Ending inventory
units
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