Check my work 7. ! Part 3 of 4 Required information Problem 6-2AA 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 0.37 points Units Sold at Retail Units Acquired at Cost 180 units@ $70 per unit 480 units@ $75 per unit 500 units @ $105 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals ebook 280 units@ $80 per unit 360 units @ $82 per unit 320 units@ $115 per unit 820 units 1,300 units Print For specific identification, the March 9 sale consisted of 90 units from beginning inventory and 410 units from the March 5 purchase; the March 29 sale consisted of 120 units from the March 18 purchase and 200 units from the March 25 purchase. Problem 6-2AA Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. (Round your average cost per unit to 2 decimal places.) Cost of Goods Available for Sale a) Periodic FIFO Cost of Goods Sold Ending Inventory Gost of ulte Check my work 7 Required information Part 3 of 4 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification (Round your average cost per unit to 2 decimal places.) 0.37 points a) Periodic FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Cost per Goods # of units unit Available for Sale # of units sold Cost per unit Cost of Goods Sold # of units in ending inventory Cost per unit Ending Inventory eBook Beginning inventory Purchases: March 5 March 18 March 25 Total Print b) Periodic LIFO Ending Inventory Cost of Goods Sold Cost of Goods Available for Sale Cost of Cost per Goods # of units unit Available for Sale Cost per Hof units # of units sold Cost per unit Cost of Goods Sold # of units in ending inventory unit Ending Inventory Beginning inventory Purchases: March 5 March 18 March 25 Total Cost of nnds Sold Endina inventar lel Avarane Cost Cast of Goods Available for Sale Required information b) Periodic LIFO Cost of Goods Sold Ending Inventory Part 3 of 4 Cost of Goods Available for Sale Cost of Cost per Goods # of units unit Available for Sale # of units sold Cost per unit Cost of Goods Sold # of units in ending inventory Cost per unit Ending Inventory 0.37 points Beginning inventory Purchases: March 5 March 18 March 25 Total eBook Print c) Average Cost Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory * ot units Average # of units Cost per unit Cost of Goods Available for Sale # of units sold Average Cost per Unit Cost of Goods Sold # of units Average in ending Cost per inventory unit Ending Inventory Beginning inventory Purchases: March 5 March 18 March 25 Total 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 Goods Sold # of units in ending inventory Cost per unit Ending Inventory MC Graw Hill Check my work A in 7 Required information Part 3 of 4 March 5 March 18 March 25 Total 0.37 points c) Average Cost Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods # of units Cost per Available unit for Sale Average * of units # of units sold Average Cost per Unit Cost of Goods Sold #of units Average in ending Cost per inventory unit Ending Inventory eBook Print Beginning inventory Purchases: March 5 March 18 March 25 Total d) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory oor units Cost per # of units Cost of Goods Available for Sale # of units Cost per sold unit unit Cost of Goods Sold # of units in ending inventory Cost per unit Ending Inventory Beginning inventory Purchases: March 5 March 18 March 25 Total Mc