Question: Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1 Skip to question [The following information applies to the questions displayed below.] Warnerwoods Company uses a

Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1

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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.

Date Activities Units Acquired at Cost Units Sold at Retail
March 1 Beginning inventory 110 units @ $51.20 per unit
March 5 Purchase 230 units @ $56.20 per unit
March 9 Sales 270 units @ $86.20 per unit
March 18 Purchase 90 units @ $61.20 per unit
March 25 Purchase 160 units @ $63.20 per unit
March 29 Sales 140 units @ $96.20 per unit
Totals 590 units 410 units

Problem 6-1A (Algo) Part 2

2. Compute the number of units in ending inventory.

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