Required information [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 March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals 2. Compute the number of units in ending inventory. Ending inventory units Unita Acquired at Cost 60 units @ $50.20 per unit 205 units@ $55.20 per unit 65 units $60.20 per unit 110 units @ $62.20 per unit 440 units Units Sold at Retail 220 units $85.20 per unit 90 units @ $95.20 per unit 310 units

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.