please help and answer ALL parts
Required information [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 Mar. Units Acquired at Cost 195 units @ $85 per unit 495 units @ $90 per unit 515 units @ $120 per unit Date Activities 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 310 units @ $95 per unit 390 units@ $97 per unit 350 units@ $130 per unit 865 units 1,390 units For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 455 units from the March 5 purchase; the March 29 sale consisted of 135 units from the March 18 purchase and 215 units from the March 25 purchase. . Compute the number of units in ending inventory. Ending inventory units This is a numeric cell, so please enter numbers only. ! Required information [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 195 units @ $85 per unit 495 units @ $90 per unit 515 units @ $120 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 310 units@ $95 per unit 390 units @ $97 per unit 350 units @ $130 per unit 865 units 1,390 units For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 455 units from the March 5 purchase; the March 29 sale consisted of 135 units from the March 18 purchase and 215 units from the March 25 purchase. 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.) a) Periodic FIFO 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 $ 0 $ 0.00 $ 01 0 $ 0.00 $ 01 $ 0.00 0 0 $ 0.00 0 0 $ 0.00 0 Beginning inventory Purchases: March 5 March 18 March 25 Total 0 S 0.00 0 $ 0 0 0.00 0.00 0 ol $ 0 ol 0 0 b) Periodic LIFO 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 $ 0 Beginning inventory Purchases: March 5 March 18 March 25 0 0 0 Total 0 0 c) Average Cost Cost of Goods Sold Cost of Goods Available for Sale Cost of Average Goods # of units Cost per Available unit for Sale Average Cost per Unit # of units sold Ending Inventory # of units Average Ending in ending Cost per Inventory inventory unit Cost of Goods Sold Beginning inventory Purchases: March 5 March 18 March 25 Total S 0 $ 0 d) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per Cost of Goods Available for Sale # of units sold Cost of Goods Sold Cost per unit unit # of units In ending inventory Cost per unit Ending Inventory $ 0 $ 0 Beginning inventory Purchases: March 5 March 18 0 0 0 0 March 25 0 0 Total 0 0 Required information (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 195 units@ $85 per unit 495 units @ $90 per unit 515 units @ $120 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 310 units@ $95 per unit 390 units @ $97 per unit 350 units @ $130 per unit 865 units 1,390 units For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 455 units from the March 5 purchase; the March 29 sale consisted of 135 units from the March 18 purchase and 215 units from the March 25 purchase. . Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal laces and final answers to nearest whole dollar.) FIFO LIFO Weighted Average Specific Identification Sales Less: Cost of goods sold Gross profit $ 0 $ 0 $ 0 $ 0
