The following information applies to the questions cdlisplayed below.J Wamerwoods Company uses a perpetual inventory system. It entered into the following purchases and soles transactions for March. Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Activities Units Sold at Retail Units Acquired at Cost 100 units $50.00 per unit 400 units @$55.00 per unit 420 units $85.00 per unit 120 units $60.00 per unit 200 units @$62.00 per unit 160 units $95.00 per unit Totals 820 units 580 units