Required information [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 March 9 Sales March 18 Purchase March 25 Purchase March 29 Sales Totals Units Acquired at Cost 150 units @ $40 per unit 450 units @ $45 per unit 220 units $50 per unit 300 units @ $52 per unit 1,120 units Units Sold at Retail 470 units @ $75 per unit 260 units @ $85 per unit 730 units For specific identification, units sold include 40 units from beginning inventory, 430 units from the March 5 purchase, 90 units from the March 18 purchase, and 170 units from the March 25 purchase. Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of Goods Available for Sale # of Units Beginning inventory Purchases: March 5 March 18 March 25 Total Cost per Unit Cost of Goods Available for Sale $ 0 0 0 0 ! Required information [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 March 9 Sales March 18 March 25 Purchase Purchase March 29 Sales Totals Units Acquired at Cost 150 units @ $40 per unit 450 units @$45 per unit 220 units $50 per unit 300 units @$52 per unit 1,120 units Units Sold at Retail 470 units @ $75 per unit 260 units @ $85 per unit 730 units For specific identification, units sold include 40 units from beginning inventory, 430 units from the March 5 purchase, 90 units from the March 18 purchase, and 170 units from the March 25 purchase. 2. Compute the number of units in ending inventory. Ending inventory units