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Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Date March 1 March 5 March 9

Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Date March 1 March 5 March 9 March 18 March 25 March 29 a) Periodic FIFO Activities Beginning inventory Purchases: March 5 March 18 March 25 Beginning inventory Purchase Sales Purchase Purchase Sales Totals Total Units Acquired at Cost 180 units @ $70 per unit 480 units @ $75 per unit For specific identification, units sold include 90 units from beginning inventory, 410 units from the March 5 purchase, 120 units from the March 18 purchase, and 200 units from the March 25 purchase. # of units 280 units @ $80 per unit 360 units @ $82 per unit 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. Note: Round your "average cost per unit" to 2 decimal places. 0 1,300 units Cost of Goods Available for Sale Cost of Goods Available for Sale $ Cost per unit 0 O 0 0 Cost of Goods Sold # of units sold 0 Cost per unit $ $ $ 0.00 0.00 0.00 Cost of Goods Sold $ Units Sold at Retail 0 500 units @ $105 per unit 0 0 0 320 units @ $115 per unit 820 units Ending Inventory # of units in ending inventory 0 Cost per unit $ $ $ $ Ending Inventory 0.00 $ 0.00 0.00 500 0 0 0 0
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Warnerwoods Company uses a periodic inventory system, It entered into the following purchases and sales transactions for March. For specific identification, units sold include 90 units from beginning inventory, 410 units from the March 5 purchase, 120 units from the March 18 purchase, and 200 units from the March 25 purchase. Compute the cost assigned to ending inventory using (a) FIFO, (b) LFO, (c) weighted average, and (d) specific identification. lote: Round your "average cost per unit" to 2 decimal places. b) Pariodic UFO d) Specifle identification

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