Problem 6-2AA Periodic: Alternative cost flows LO P3 (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 Mar. 1 Beginning Date Activities Units Acquired at Cost Units Sold at Retail 1 inventory Mar. 5 Purchase 135 units $70 per unit 435 units @ $75 per unit Mar. 9 Sales 455 units@ $105 per unit Mar. 18 Purchase unit 190 units @ $8e per 270 units @ $82 per unit Mar.25 Purchase Mar.29 Sales Totals 230 units@ $115 per unit 685 units 1,030 units For specific identification, the March 9 sale consisted of 80 units from beginning Inventory and 375 units from the March 5 purchase, the March 29 sale consisted of 75 units from the March 18 purchase and 155 units from the March 25 purchase. Problem 6-2AA Part 1 Required 1. Compute cost of goods available for sale and the number of units available for sale. # of Units Cost per Cost of Goods Available for Sale Cost of Goods Unit Available for Sale Beginning inventory $ 0 Purchases March 5 March 18 March 25 Total 0 0 0 0 Problem 6-2AA Periodic: Alternative cost flows LO P3 [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 Acquired at Cost Units Sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Sunit 135 units@ $70 per 435 units@ $75 per Mar. 9 Sales 455 units @ $105 per unit Mar. 18 Purchase 190 units@ $8e per 270 units @ $82 per Mar.25 Purchase Sunit Mar.29 Sales Totals 230 units $115 per unit 685 units 1,030 units For specific Identification, the March 9 sale consisted of 80 units from beginning Inventory and 375 units from the March 5 purchase the March 29 sale consisted of 75 units from the March 18 purchase and 155 units from the March 25 purchase. Problem 6-2AA Part 2 2. Compute the number of units in ending Inventory Ending inventory units