5 Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions Part 1 of 4 4 points for March. Skipped Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Activities Units Acquired at Cost 190 units@$52.80 per unit 270 units $57.80 per unit Units Sold at Retail 350 units $87.80 per unit 130 units $62.80 per unit 240 units $64.80 per unit eBook 220 units $97.80 per unit 570 units Totals 830 units Print Problem 6-1A Part 1 References Required: 1. Compute cost of goods available for sale and the number of units available for sale Cost of Goods Available for Sale Cost per Unit Cost of Goods Available for Sale | # of units Beginning inventory Purchases March 5 March 18 March 25 Total 6 Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions Part 2 of 4 2 polnts for March. Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Activities Units Acquired at Cost 190 units $52.80 per unit 270 units $57.80 per unit Units Sold at Retail eBook 350 units $87.80 per unit 130 units $62.80 per unit 240 units $64.80 per unit 220 units $97.80 per unit Print 830 units 570 units Totals References Problem 6-1A Part 2 2. Compute the number of units in ending inventory ndin units Required information 3. Compute the cost assigned to ending Inventory using (a) FIFO, (b) LIFO. (c) weighted average, and (d) specific ldentification. For specific dentification, the March 9 sale consisted of 110 units from beginning Inventory and 240 units from the March 5 purchase; the March 29 sale consisted of 90 units from the March 18 purchase and 130 units from the March 25 purchase Part 3 of 4 30 points Complete this question by entering your answers in the tabs below. WaightedSpecific Id Perpetual FIFO Perpetual L Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: eBook Cost per unit #Of units Costper! Cost or Goods Sold! Cost perInventory #of #or units Date sold unit unit 1905280S 10,032.00 March 1 March 5 March 9 March 18 March 25 March 29 Totals Perpetual LIFO 7 Required information 3. Compute the cost assigned to ending Inventory using (a) FIFO. (b) LIFO. (c)welghted average, and (d) specific Identification. For specific Identification, the March 9 sale consisted of 110 units from beginning Inventory and 240 units from the March 5 purchase, the March 29 sale consisted of 90 unlts from the March 18 purchase and 130 units from the March 25 purchase Part 3 of 4 30 points Complete this question by entering your answers in the tabs below. Weighted specific d Average Perpetual FIFO Perpatual L Compute the cost assigned to ending inventory using LIFO Print Goods Purchased Cost of Goods Sold Balance #of units Cost per unit # of units sold |Cost per unit Cost of Goods Sold! Cost per Inventory # of units Date -unit Balance March 1 19052.80 10,032.00 March 5 March 9 March 18 March 25 March 29 Totals Problem 6-1A Part 3 Part 3 of 4 3. Compute the cost assigned to ending Inventory using (a) FIFO, (b) LIFO, (c) welghted average, and (d) specific Identification. For specific Identification, the March 9 sale consisted of 110 units from beginning Inventory and 240 units from the March 5 purchase; the March 29 sale consisted of 90 units from the March 18 purchase and 130 unlts from the March 25 purchase. 30 points Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weghted AverageSpecific Id Print Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Wighted Average Perpetual: References |Costper|cost of Good Cost perl # Of units sold Cost per Inventory Balance #of units Date s Sold! # of units unit unit March 1 190 5280 10,032.00 March 5 Average March 9 March 18 Average March 25 March 29 Totals