uetions-(of 4) Save &Exit Submit The following information applies to the questions displayed below Warnerwoods...

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uetions-(of 4) Save &Exit Submit 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 Merch Date Mar. 1 Beginning inventory Mar 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mat 29 Sales Activities Units Acquired at Cost Units Sold at Retail 125 units 425 units $6000 per unit $65.00 per unit 445 units $95.00 per unit 170 units $7000 per unit 250 units $72.00 per unit 200 ants- $10500 per unit 655 units Totals 970 units For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 365 units from the March 5 purchese. the March 29 sale consisted of 65 units from the March 18 purchase and 145 units from the March 25 purchese

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