Required information Problem 6-2AA (Static) 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. For specific identification, units sold include 80 units from beginning inventory, 340 units from the March 5 purchase, 40 units from the March 18 purchase, and 120 units from the March 25 purchase. Problem 6-2AA (Static) Part 3 a) Periodic FIFO \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline & \multicolumn{3}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline & \# of units & Cost per unit & \begin{tabular}{c} Cost of \\ Goods \\ Avaliable \\ for Sale \end{tabular} & \begin{tabular}{l} \# of units \\ sold \end{tabular} & Cost per unit & \begin{tabular}{c} Cost of \\ Goods \\ Sold \end{tabular} & \begin{tabular}{l} \# of units \\ in ending \\ inventory \end{tabular} & Cost per unit & \begin{tabular}{l} Ending \\ Inventory \end{tabular} \\ \hline Beginning inventory & & & 0 & & & $ & 7 & 0.00 & $ \\ \hline \multicolumn{10}{|l|}{ Purchases: } \\ \hline March 5 & & & 03 & & & 0 & & 0.00 & \\ \hline March 18 & & & 0 & & & 0 & & & 0 \\ \hline March 25 & & & of & & & 0 & & & 0 \\ \hline Total & 0 & a13 & & 0 & . & . & 0 & & \\ \hline \end{tabular} b) Periodic LIFO \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline & \multicolumn{3}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline & \# of units & Cost per unit & \begin{tabular}{l} Cost of \\ Goods \\ Available \\ for Sale \end{tabular} & \begin{tabular}{l} # of units \\ sold \end{tabular} & Cost per unit & \begin{tabular}{l} Cost of \\ Goods \\ Sold \end{tabular} & \begin{tabular}{l} \# of units \\ In ending \\ inventory \end{tabular} & Cost per unit & \begin{tabular}{l} Ending \\ Inventory \end{tabular} \\ \hline \multicolumn{10}{|c|}{ Beginning inventory } \\ \hline \multicolumn{10}{|c|}{ Purchases: } \\ \hline \multicolumn{10}{|c|}{ March 5} \\ \hline \multicolumn{10}{|c|}{ March 18} \\ \hline \multicolumn{10}{|c|}{ March 25} \\ \hline Total & & & & 0 & & & 0 & (n) & \\ \hline \end{tabular} c) Average Cost \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline & \multicolumn{3}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline & \# of units & \begin{tabular}{l} Average \\ Cost per unit \end{tabular} & \begin{tabular}{c} Cost of \\ Goods \\ Avallable \\ for Sale \end{tabular} & \begin{tabular}{c} \# of units \\ sold \end{tabular} & \begin{tabular}{c} Average Cost \\ per Unit \end{tabular} & \begin{tabular}{c} Cost of \\ Goods \\ Sold \end{tabular} & \begin{tabular}{l} \# of units \\ in ending \\ inventory \end{tabular} & \begin{tabular}{c} Average Cost \\ per unit \end{tabular} & \begin{tabular}{l} Ending \\ Inventory \end{tabular} \\ \hline \multicolumn{10}{|c|}{ Beginning inventory } \\ \hline \multicolumn{10}{|c|}{\begin{tabular}{l} Beginning inventory \\ Purchases: \end{tabular}} \\ \hline \multicolumn{10}{|c|}{\begin{tabular}{l} Purchasca: \\ March 5 \end{tabular}} \\ \hline \multicolumn{10}{|c|}{ March 18} \\ \hline \multicolumn{10}{|c|}{ March 25} \\ \hline Total & & & & & & $ & & & $ \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{10}{|c|}{ d) Specifie Identification } \\ \hline & \multicolumn{3}{|c|}{ Cost of Goods Avallable for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline & \# of units & Cost per unit & \begin{tabular}{l} Cost of \\ Goods \\ Avallable \\ for Sale \end{tabular} & \begin{tabular}{l} \# of units \\ sold \end{tabular} & Cost per unit & \begin{tabular}{l} Cost of \\ Goods \\ Sold \end{tabular} & \begin{tabular}{l} \# of units \\ in ending \\ inventory \end{tabular} & Cost per unit & \begin{tabular}{l} Ending \\ Inventory \end{tabular} \\ \hline Beginning inventory & & & & & & $ & & & $ \\ \hline \multicolumn{10}{|l|}{\begin{tabular}{l} Beginning inventory \\ Purchases: \end{tabular}} \\ \hline March 5 & & & & & & 0 & & & 0 \\ \hline March 18 & & & & & & 0 & & & 0 \\ \hline March 25 & & & - & & & 0 & & & 0 \\ \hline Total & & & & 0 & & & 0 & & \\ \hline \end{tabular}