Required information Problem 5-2AA (Algo) Perlodic: Alternative cost flows LO P3 [The following information applies to the questions displayed below.) Wamerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Date March 1 Units Sold at Retail March 5 Activities Beginning inventory Purchase March 9 Sales March 18 March 25 March 29 Purchase Purchase Sales Totals Units Acquired at Cost 180 units 0 $70 per unit 480 units 0 $75 per unit 280 units 0 $80 per unit 360 units 0 $82 per unit 1,300 units 500 units 0 $105 per unit 320 units $115 per unit 820 units For specific identification, units sold include 90 units from beginning inventory, 410 units from the March 5 purchase, 120 units from the March 18 purchase, and 200 units from the March 25 purchase. Problem 5-2AA (Algo) Part 3 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 Beginning inventory Purchases: Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of W of units Cost per unit Goods # of units Cost per Available sold unit for Sale Cost of Goods Sold # of units in anding Cost per unit Ending Inventory inventory 180 $70.00 $12.600 $ 0.00 $ O $ 0.00 $ 0 March 5 March 18 March 25 Total $ 0.00 $ 0.00 0 $ 0.00 0 $ 0.00 0 O $ 0.00 0 180 $12.600 0 0 b) Periodic LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Cost of