#of units Cost per unit Cost of Goods Available for Sale $ 5,000 # of units sold Cost per unit Cost of Goods Sold # of units in ending Cost per unit inventory 100 $ 50.00 Ending Inventory 100 $50.00 03 IS 5.000 Beginning inventory Purchases: March 5 March 18 400 120 0% $ 55.00 $ 60.00 s 62.00 22.000 4.800 March 25 22,000 7.200 12,400 $ 48,600 200 400 $ 55.00 80 $ $ 60.00 120 $ $ 82.00 700 Total 820 7.440 S 39.240 0 c) Average Cost Ending Inventory Cost of Goods Available for Sale Cost of # of Average Cost Goods units Available for Sale 100 S 5.000 cost of Goods Sold Cost # of Average of units Cost Goods sold per Unit Sold # of units in ending inventory Average Cost per unit Ending Inventory per unit 400 22.000 Beginning inventory Purchases: March 5 March 18 March 25 Total 120 200 7 200 12.400 S48,600 820 IS IS Q d) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost Cost per unit Cost of Goods Available for Sale 5 6.000 # of units sold Cost of Goods Cost per unit # of units in ending inventory Ending Inventory per unit Sold 100 50.00 0 60.00 IS 0 0 Beginning inventory Purchases March 5 March 18 March 25 400 12 000 7200 O IS 65.00 S 60.00 S62.00 3 55,00 $ 50 00 S 8200 120 200 0 0 12 400 0 Total 25 Ah 90 Required Information Problem 3-2AA Perlodle: Alternative cost flows LO P3 The following Information apples 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 188 units @ $50.ee per unit 400 units @ $55.ee per unit 428 units $85.88 per unit Dale Acivilies Mar! 1 Beginning inventory Mar. 5 Purchase Mar. sales Mar. 18 Purchase Mar. 25 Purchase Mar 29 Sales Tutels 120 units $60.ee per unit 2ee units $62.ce per unit 166 units $95.00 per unit 580 units 828 units For specific icentification, 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 5-2AA Part 3 3. Compute the cost assigned to ending Inventory using a FIFO. OLIFO. (cweighted average, and a specific identification Round your average cost per unit to 2 decimal places.)