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 Activities Units Aequired at Coat Units sold at Retail Mar. 1 Beginning inventory 180 units $70 per unit Mar. 5 Purchase 480 units 575 per unit 9 Sales 500 unita $105 per unit Mar. 18 Purchase 280 units @ $80 per unit Mar. 25 Purchase 360 units $82 per unit Mar. 29 Sales 320 units $115 per unit Totais 1.300 units 820 units Mar. For specific identification, the March 9 sale consisted of 90 units from beginning inventory and 410 units from the March 5 purchase; the March 29 sale consisted of 120 units from the March 18 purchase and 200 units from the March 25 purchase. 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 Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Available for Sale $ 0 #of units sold Cost per Cost of Goods Sold #of units in ending Inventory unit Cost per unit Ending Inventory $ 0.00 $ $ 0.00 $ 0 Beginning inventory Purchases March 5 March 18 March 25 Total 0 $ $ 0.00 0.00 0 0 0 0 0 0 $ 0.00 $ 0.00 $ 0.00 0 0 0 b) Periodic LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Cost per Goods of units unit Available for Sale of units sold Cost per Cost of Goods Sold Cost per unit of units in ending Inventory unit Ending Inventory $ o Beginning inventory Purchases March 5 March 18 March 25 0 + 0 0 Total 0 0 c) Average Cost Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory HL20 Total 0 c) Average Cost 0 Cost of Goods Sold Cost of Goods Available for Sale Average Cost of # of units Goods Available unit for Sale Ending Inventory Cost per of units sold Average Cost per Unit Cost of Goods Sold of units in ending Inventory Average Cost per Ending Inventory unit Beginning inventory Purchases March 5 March 18 March 25 Total $ 0 0 d) Specific identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per Cost of Goods Available for Sale Cost per unit # of units sold Cost of Goods Sold #of units in ending Inventory unit Cost per unit Ending Inventory $ ol $ 0 Beginning inventory Purchases March 5 March 18 March 25 Total 0 0 + ood 0