1. Compute cost of goods available for sale and the number of units available for sale.

2. Compute the number of units in ending inventory.

3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification.

Note: Round your "average cost per unit" to 2 decimal places.

4. Compute gross profit earned by the company for each of the four costing methods.

Note: Round your average cost per unit to 2 decimal places and final answers to nearest whole dollar.

If any additional info is needed, let me know! thanks!

Problem 5-2AA (Algo) 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. For specific identification, units sold include 80 units from beginning inventory, 415 units from the March 5 purchase, 115 units from the March 18 purchase, and 195 units from the March 25 purchase. Problem 5-2AA (Algo) Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale