Required information The following information applies to the questions displayed below) Warnerwoods Company uses a periodic inventory system is entered the following Dutch for March Date Activities Units Acquedos Mar. 1 Beginning inventory 100 units 570 per unit Mar. 5 Purchase 436 units 575 De unit Mar. 9 Sales 500 units 515 Det Mar. 18 Purchase 200 units 50 per unit Mar. 25 Purchase 360 units 582 per unit Mar. 29 Sales 320 units 5115 Der wit Totals 1,300 units 320 units For specific identification, the March 9 sale consisted of 90 units from beginning inventory and 410 units from the March purchase, the March 29 sale consisted of 120 units from the March 18 purchase and 200 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 Cost of Goods Unit Available for Sale Cost per 0 0 Beginning inventory Purchases March 5 March 18 March 25 Total 0 0 Required information The following information applies to the questions displayed below Warnerwoods Company uses o periodic inventory system I entered into the following purchases and strom for March Date Units Acquired st Cost 180 units 570 per unit 480 units 575 per unit Units sold at Retail Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totats 500 units 5105 per unit 200 units 580 per unit 360 units 582 per unit 1,300 units 320 units 5115 per unit 20 units 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 2. Compute the number of units in ending inventory Ending Inventory units 3. Compute the cost assigned to ending wwertory using for Life Window your average cost per unit to 2 decimal places) 200 ES Perleder Cost of Goods Available for sale Costot of units Cost per Goods unit Ava for Sale Couto of Coupe Cont Goods Sold Got Inne wy Beginning inventory Purchases March 5 March 18 March 25 Total b) Periodic UFO Cost of Goods Available for Sale Cost of Cost per Goods of units unit Available for Sale Cost of Goods Sold Hof units Cost of Cost per Sold Goods Sold Ending intory of units Cost per in ending Ending Inventory unit Inventory Beginning inventory Purchases March 5 March 18 March 25 Total c) Average Cost Cost of Goods Solid Cast of Goods Available for Sale Cost of Average Goods of units Cost per unit Available for Sale of units sold Average Cost per Unit Costot Goods Sold Ending kwentory otus Avenge Ending In ending Cost per Inventory Inventory uni Beginning inventory Purchases March 5 March 18 March 25 Total d) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Available for Sale # of units sold Cost per unit Cost of Goods Sold of units In ending Inventory Cost pe unit Ending Inventory Beginning inventory Purchases March 5 March 18 March 25 Total
