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 Units Acquired at Cost Units Sold at Retail March 1 March 5 Activities Beginning inventory Purchase 115 units @$50 per unit 415 units@ $55 per unit March 9 Sales 435 units@ $85 per unit. March 18 Purchase 150 units@ $60 per unit 230 units@ $62 per unit March 25 Purchase March 29 Sales 190 units @ $95 per unit 625 units Totals 910 units 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. Required information (a) Periodic FIFO Beginning inventory Purchases: March 5 March 18 March 25 Total Cost of Goods Available for Sale # of units Cost per unit Cost of Goods Available for Sale $ 0 0 000 Cost of Goods Sold Cost per unit $ 0.00 $ $ 0.00 $ 0.00 # of units sold 0 Cost of Goods Sold 0 Ooo 0 0 0 Ending Inventory Cost per unit $ 0.00 $ $ 0.00 $ 0.00 $ 0.00 # of units in ending inventory 0 Ending Inventory 0 000 b) Periodic LIFO Beginning inventory Purchases: March 5 March 18 March 25 Total Cost of Goods Available for Sale # of units Cost per unit Cost of Goods Available for Sale Cost of Goods Sold Cost per unit # of units sold 0 Cost of Goods Sold Ending Inventory Cost per unit # of units in ending inventory 0 Ending Inventory $ 0 0 0 0 c) Average Cost Beginning inventory Purchases: March 5 March 18 March 25 Total Cost of Goods Available for Sale Average # of units Cost per unit Cost of Goods Available for Sale Cost of Goods Sold Average Cost per Unit # of units sold Cost of Goods Sold 100 Ending Inventory Average Cost per unit # of units in ending inventory Ending Inventory $ 0 d) Specific Identification Beginning inventory Purchases: March 5 March 18 March 25 Total Cost of Goods Available for Sale # of units Cost per unit Cost of Goods Available for Sale Cost of Goods Sold Cost per unit # of units sold 0 Cost of Goods Sold $ 0 0 0 0 Ending Inventory Cost per unit # of units in ending inventory 0 Ending Inventory $ 0 0 0 0