conde temal_browser faunchur https253A%252F%252Fwconnectmheducation.com 252Ftractivity question-group Homework 15 Sed Hel 3 [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 2012 Unit Soldat Retail Units Aquired at Cost 100 units 550 per unit 400 units $55 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar 25 Purchase Mar. 29 Sales Tatals 10 points 420 units $85 per unit 120 units@ $50 per unit 200 units @ $62 per unit 16 units $95 per unit 580 units 1 320 units tok For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase, the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase References 3. Compute the cost assigned to ending inventory using (a) FIFO, UFO weighted average and specific Identification (Round your average cost per unit to 2 decimal places.) a) Periodic FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of of units Cost per unit Goods Available for Sale # of units sold Cost per unit Cost of Goods Sold of units in ending Cost per unit inventory Ending Inventory $ $ 0.00 $ Beginning inventory Purchases March 5 5 0.00 0 O education.com/ext/map/index.html con conexternal browserslaunchurthp253A%252F%252Fwconnecteducation.com/252F#/activity/question group Homework 4.5 ed Saved 3. Required information Part 2012 March 18 March 25 Total 0 0 0 0 10 points b) Periodic LIFO Cost of Goods Sold Cost of Goods Available for Sale Cost of #of units Cost per unit Available for Sale Ending Inventory Book Goods #of units sold Cost per unit Tost of Goods Sold 1 of units In ending Cost per unit inventory Beginning inventory Ending Inventory Print March 5 March 18 March 25 Total 0 c) Average Cost Cost of Goods Sold Cost of Goods Available for Sale Cost of of units Average Goods Cost per unit Available for Sale # of units Average Cost sold per Unit Cost of Goods Sold Ending Inventory of units in ending Average Cost Ending inventory per unit Inventory Beginning inventory Purchases March 5 ME Graw H Sabus CT 2001 shop loop ico O BI Hook 15 con contexternal browserelaunchurlhttp.253A%252F%252Fnewconnect.meducation.com/6252F%/activity question group EZAS Comed Stue 3. Help Required information c) Average Part 2 Cosic Goods Sold Cost of Goods Available for Sale Cost of of units Average Goods Cost per unit Available for Sale Ending Inventory # of units Average Cost sold per Unit 10 points Cost of Goods Sold Hof units in ending Average Cost Ending Inventory per unit Inventory eBook Beginning inventory Purchases March 5 March 18 March 25 Total o AS Print $ 0 References d) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Availa for Sale of units sold Cost per unit Coat of Goods Sold of units in ending Cost per unit inventory Ending Inventory $ Beginning inventory Purchases March 5 March 18 March 25 Total 0 0 0 0 ME w ACC2001 geltorp