Required information Problem 6-2AA (Algo) 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. Date March 1 March 5 Activities Beginning inventory Purchase Units Acquired at Cost Units Sold at Retail 175 units $65 per unit 475 units $70 per unit March 9 Sales 495 units $100 per unit March 18 March 25 March 29 Purchase Purchase Sales 270 units 350 units $75 per unit $77 per unit Totals 1,270 units 310 units $110 per unit 805 units For specific identification, units sold include 80 units from beginning inventory, 415 units from the March 5 purchase, 115 units from the March 18 purchase, and 195 units from the March 25 purchase. Problem 6-2AA (Algo) Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale. Beginning inventory Purchases: March 5 March 18 March 25 Total Cost of Goods Available for Sale # of Units 0 Cost per Unit Cost of Goods Available for Sale $ 0 0 0 0