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 Activities Units Acquired at Cost Units Sold at Retail March 1 Beginning inventory 115 units @ $58 per unit March 5 Purchase 415 units @ $55 per unit March 9 Sales 435 units @ $85 per unit March 18 Purchase 150 units @ $60 per unit Purchase 230 units @ $62 per unit March 29 Sales 190 units@ $95 per unit Totals 910 units 625 units March 25 For specific identification, units sold include 50 units from beginning inventory. 385 units from the March 5 purchase, 55 units from the March 18 purchase, and 135 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. Cost of Goods Available for Sale Cost per Cost of Goods Available # of Units Unit for Sale Beginning inventory Purchases: March 5 March 18 March 25 Total