3 Part 1 of 4 1 points Required information 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. 2 00:33:53 Date March 1 Activities Beginning Inventory March 5 Purchase March 9 Sales Units Acquired at Cost Units Sold at Retail 160 units $50 per unit 460 units $55 per unit 480 units $85 per unit eBook Print March 18 Purchase March 25 Purchase March 29 Sales 240 units $60 per unit 320 units) $62 per unit Totals 1,100 units Reference 280 units 595 per unit 760 units For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 420 units from the March 5 purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 180 units from the March 25 purchase. Required: 1. Compute cost of goods available for sale and the number of units available for sale Beginning Inventory Cost of Goods Available for Sale of Units Cost per Unit Cost of Goods $ Available for Sale Purchases: March 5 March 18 March 25 Total