Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales...

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Accounting

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.
\table[[Date,Activities,Units,Acquired at cost,Units,Sold at Retail],[March 1,Beginning inventory,100 units,(e) $50 per unit,,],[March 5,Purchase,400 units,@ $55 per unit,,],[March 9,Sales,,,420 units,@ $85 per unit],[March 1,Purchase,120 units,@ $60 per unit,,],[\table[[March 2],[March 2]],\table[[Purchase],[Sales]],200 units,@ $62 per unit,160 units,$95
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