AM 0 Saved 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 Units sold at Retail Units Aequired at Cost 195 unita e $85 per unit 495 unitse $90 per unit 515 units @ $120 per unit Date Activities Mar. 1 Beginning inventory MAT. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 310 units @ $95 per unit 390 unita $97 per unit 350 unitse $130 per unit 965 unita 1.390 unita For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 455 units from the March 5 purchase, the March 29 sale consisted of 135 units from the March 18 purchase and 215 units from the March 25 purchase. 3. Compute the cost assigned to ending Inventory using (a) FIFO, (b) LIFO. (c) weighted average, and (d) specific identification. Complete this question by entering your answers in the tabs below. Periodic FIFO Periodic LIFO Weighted Average Specific Id For specific Identification, the March 9 sale consisted of 60 units from beginning Inventory and 455 units from t purchase; the March 29 sale consisted of 135 units from the March 18 purchase and 215 units from the March 2! 3. Compute the cost assigned to ending Inventory using (a) FIFO, (b) LIFO, (d/ weighted average, and (d) specific identif Complete this question by entering your answers in the tabs below. Pertodie pro Periodic Fo o d Specific Id Compute the cost assigned to ending Inventory using FIFO. Periode PO Cost of Goods Available for Sale Cost of Goods Sold - Ending inventory Cost per unit Cost of Goods Available for Sale of units sold Cost per unit Cost Goods Sold of in onding Inventory un Eng inventory Beginning inventory Purchases: March 25 Periodic UFO > 5 6 ERIT Required information For specific Identification, the March 9 sale consisted of 60 units from beginning inventory and 455 units from the March purchase; the March 29 sale consisted of 135 units from the March 18 purchase and 215 units from the March 25 purchase 3. Compute the cost assigned to ending inventory using (a) FIFO. DLIFO. (d) weighted average, and specific identification Complete this question by entering your answers in the tabs below. Periodic FIFO periode hilo Weighted Average Specific ld Compute the cost assigned to ending Inventory using LIFO. Parodie UFO Castel Goods Available for sale cost of Goods Sold Ending Inventory Goods Available of units Cost per unit Cost per Cost of Good in ending Cost per unit Ending Inventory Beginning inventory Purchases March 18 March 25 (Perles FIFO U Required information For specific identification, the March 9 sale consisted of 60 units from beginning Inventory and 455 units from the March 5 purchase; the March 29 sale consisted of 135 units from the March 18 purchase and 215 units from the March 25 purchase. 3. Compute the cost assigned to ending Inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification Complete this question by entering your answers in the tabs below. Periodic Furo Periodic LIFO eru Specificio Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Av . Cost Cost of Goods A ble for Sale Conto Coode Sole Cost of of units Goods Average cost of units Average Cest per Ending Goodsin ending Cost per mante por Goodslaan Availableado for Sale Unit Sold Inventory unit of units Cost Beginning inventory Purchas March March 18 March 25 (Purled UFO 5 Rruilo Required information For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 455 units from the March! purchase; the March 29 sale consisted of 135 units from the March 18 purchase and 215 units from the March 25 purchase 3. Compute the cost assigned to ending Inventory using (a) FIFO, UFO. Id weighted average and specific identification Complete this question by entering your answers in the tabs below. Periodic FIFO Periodic LIFO Weighted Average 1 Specific id Compute the cost assigned to ending Inventory using specific identification Cost of Goods Available for Sale Identification Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Available of units Cost per sold unit Cost of of units Goodsin ending Inventory Cost per Ending on Sold Beginning invertory March 5 March 18 March 25
