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Complete 1-4 at bottom of photo please Safari File Edit View History Bookmarks Window Help 100% Wed 12:10 PM Nicholas Esprit Q E DO. E

Complete 1-4 at bottom of photo please

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Safari File Edit View History Bookmarks Window Help 100% Wed 12:10 PM Nicholas Esprit Q E DO. E A player-ui.mheducation.com C A 2 my Franklin Er Class ACCT 215 Financial Accounting Ed 10 Master in Connect M MHE Reader Q HD PROBLEM SEI A Mc Graw d Items Hill connect Problem 5-1A Periodic: Alternative cost flows Lip1 Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for Shot March. (For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the 8.29 PM March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase.) onal Date Activities Units Acquired at Cost Units Sold at Retail ence Mar. 1 Beginning inventory 100 units @ $50 per unit Mar. 5 Purchase 400 units @ $55 per unit Mar. 9 Sales 420 units @ $85 per unit Mar. 18 Purchase 120 units @ $60 per unit Shot .2.42 PM Mar. 25 Purchase 200 units @ $62 per unit A Mar. 29 Sales 160 units @ $95 per unit Totals 820 units 580 units Shot 9.39 PM W Required 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. (Round all amounts to cents.) 4. Compute gross profit earned by the company for each of the four costing methods in part 3

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