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You skipped this question in the previous at 0 Required information Problem 5-1A (Algo) Periodic: Alternative cost flows LO P1 The following information applies to

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You skipped this question in the previous at 0 Required information Problem 5-1A (Algo) Periodic: Alternative cost flows LO P1 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 Acquired at cost Units Sold at Retail Mar. 1 Beginning inventory 180 units $70 per unit Mar 5 Purchase 480 units 575 per unit 9 Sales 500 units @ $105 per unit Mar. 18 Purchase 280 units $80 per unit Mar. 25 Purchase 360 units $82 per unit Mar. 20 Sales 320 units $115 per unit Totals 1,350 units 320 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 Dru 40 Novi ucation.com/ext/map/index.html?con=con&external_browser-OlaunchUilehttps%253A Help Save ework Saved You skipped this question in the previous attempt Problem 5-1A (Algo) Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO, (D) 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 Cost per Cost per # of units # of units in ending inventory Ending Inventory unit Cost of Cost of Goods # of units Cost per Goods Available sold unit Sold for Sale $ 0 $ 0.00 $ 0 unit 5 0.00 $ 0 0 0 Beginning inventory Purchases March 5 March 18 March 25 Total ASA 0.00 0.00 0 0 0 $ 5 5 0.00 0.00 0.00 0 D 0 0 b) Periodic LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods Sold Ending Inventory b) Periodic LIFO Cost of Goods Available for Sale Cost of Goods #of units unit Available for Sale Cost per Cost per Cost per #of units sold Cost of Goods Sold # of units in ending inventory Ending Inventory unit unit 0 0 0 Beginning inventory Purchases March 5 March 18 March 25 Total Cost of Goods Sold Ending Inventory c) Average Cost Cost of Goods Available for Sale Cost of Average Goods # of units Cost per unit Available for Sale # of units sold Average Cost per Unit Cost of Goods Sold # of units in ending Inventory Average Cost per unit Ending Inventory Beginning inventory Purchases March 5 March 18 March 25 Total S Cost of Goods Available for Sale Cost of Goods Sold di Cherifi Identification Ending Inventory Cost of Goods Sold Ending Inventory d) Specific Identification Cost of Goods Available for Sale Cost per Cost of Goods Available for Sale of units sold Cost per unit Cost of Goods Sold # of units in ending Inventory Cost per unit Ending Inventory # of units unit $ 0 $ 0 0 0 0 Beginning inventory Purchases March 5 March 18 March 25 Total 0 0 0

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