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ebapps%. Saved Help Save & Ch Required information Problem 5-1AA Periodic: Alternative cost flows LO P1 [The following information applies to the questions displayed below.)

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ebapps%. Saved Help Save & Ch 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. Units Sold at Retail Units Acquired at Cost 1ee units @ $50.00 per unit 4ee units @ $55.ee per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 420 units@ $85.00 per unit 12e units@ $60.ee per unit 2ee units@ $62.00 per unit 820 units 160 units @ $95.ee per unit 580 units 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 Problem 5.1A A Part 1

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