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Please help me out with the correct solutions to the following practice questions Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P1 [The

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Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Required: 1. Compute cost of goods available for sale and the number of units avallable for sale. Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Problem 5-1A (Algo) Part 2 2. Compute the number of units in ending inventory. Problem 5.3A (Algo) Perpetual: Alternative cost flows LO P1 Montoure Company uses a perpetual inventory system, It entered into the following calendar-year purchases and sales transoctions 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. 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (a) FFO, (b) LIFO, (c) weighted average, and ( ( ) specific identification. (For specific identification, units sold consist of 600 units from beginning inventory, 200 from the February 10 purchase, 150 from the March 13 purchase, 140 from the August 21 purchase, and 365 from the September 5 purchase.) Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using FIFO. Note: Round your average cost per unit to 2 decimal places. 4. Compute gross profit earned by the compary for each of the four costing methods. Note: Round your average cost per unit to 2 decimal places. 5. The company's manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the manager? Specific Identification LFO FifO Weighted Average Problem 5-5A (Algo) Lower of cost or market LO P2 A physical inventory of Liverpool Company taken at December 31 reveals the following. Required: 1. Compute the lower of cost or market for the inventory applied separately to each item. 2. If the market amount is less than the recorded cost of the inventory, then record the LCM adjustment to the Merchandise Inventory account

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