problem 6-2aa periodic: alternative cost flows Lo p3

2 Algorithmic Saved Required information Problem 6-2AA Periodic: Alternative cost flows LO P3 [The following information applies to the questions displayed below Warnerwoods Company uses a periodic inventory system It entered into the following purchases and sales transactions for March. Activities Units Acquired at Cost Date Units Sold at Retail Beginning 110 units $45 per unit 1 Mar. inventory 410 units $50 per unit 5 Purchase Mar. 430 units $88 per unit Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 140 units $55 per unit 220 units@ $57 per unit 180 units@ $90 per unit 610 units 880 units Totals nces For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 370 units from the March 5 purchase: the March 29 sale consisted of 50 units from the March 18 purchase and 130 units from the March 25 purchase. Problem 6-2AA Part 2 2. Compute the number of units in ending inventory units Ending inventory