Assignment 5-3, Week 5 Problems Required Information Problem 5-1AA Periodic: Alternative cost flows LO P1 [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 Part 3 of 4 points Units Sold at Retail Units Acquired at Coat 160 units @ $50 per unit 460 units @ $55 per unit 480 units $85 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 240 units @ $60 per unit 320 units e $62 per unit eBook 280 units $95 per unit 1,180 units 760 units Print For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 420 units from the March purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 180 units from the March 25 purchase. References Problem 5-1AA Part 3 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. nd, week b Problems roach IUNILOURI, UWIECIDORU U U U wir wey very s40 UHS TWO purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 180 units from the March 25 purchase. Problem 5-1AA Part 3 Part 3 of 4 3. Compute the cost assigned to ending Inventory using (a) FIFO. (D) LIFO, (c) weighted average, and (d) specific identification Complete this question by entering your answers in the tabs below. Doints Periodic FIFO Periodic LIFO TEO Weighted Average Specific Id eBook Compute the cost assigned to ending Inventory using FIFO. a) Periodic FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of # of units Cost per Goods unit Available for Sale # of units sold Cost per unit cost of Goods Sold # of units in ending Inventory cost per unit Ending Inventory References Beginning inventory Purchases: March 5 March 18 March 25 Total Periodic LIFO > Assignment 5-3, Week 5 Problems a rural LOUIWEMO BORCU U U U HET MY AS HE purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 180 units from the March 25 purchase. Problem 5-1AA Part 3 Part 3 of 4 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. points Periodic FIFO Periodic LIFO Weighted Average Specific Id Compute the cost assigned to ending Inventory using LIFO. cook b) Periodic LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of # of units Cost per Goods unit Available for Sale Cost per Ending Print of units sold Cost per unit Cost of Goods Sold of units in ending inventory unit Inventory References Beginning inventory Purchases: March 5 March 18 March 25 Total ent b-3, Week 5 Problems ror apelit TULILOV, we WILT U LU U U U Hrveysmy werkury MV U Hrue purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 180 units from the March 25 purchase. TU Problem 5-1AA Part 3 Part 3 of 4 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. points Periodic FIFO Periodic LIFO Welopted Specific Id Average 1 Compute the cost assigned to ending Inventory using weighted average. (Round your average cost per unit to 2 decimal places ebook c) Average Cost Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Average # of units Cost per Goods Available for Sale # of units sold Average Cost per Unit Cost of Goods Sold of units In ending Inventory Average Cost per Ending Inventory References Beginning inventory Purchases: March 5 March 18 March 25 Total Assignment 6-3. Week Problems Assignment 5-3, Week 5 Problems TECH ETHELOVE VOICI CEU u Sremeny AV MIEM purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 180 units from the March 25 purchase. Problem 5-1AA Part 3 Part 3 of 4 1 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. points Periodic FIFO Periodic LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using specific identification. d) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Available for Sale of units sold Cost per unit Cost of of units Goodsin ending Sold Inventory Cost per unit Ending Inventory o References Beginning inventory Purchases: March 5 March 18 March 25 Total Weighted Average