Alernative Cost Flows LO P1

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. For specific identification, the March 9 sale consisted of 40 units from beginning inventory and 465 units from the March 5 purchase; the March 29 sale consisted of 125 units from the March 18 purchase and 205 units from the March 25 purchase. [The following information applies to the questions displayed below.] Wamerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. For specific identification, the March 9 sale consisted of 40 units from beginning inventory and 465 units from the March 5 purchase; the March 29 sale consisted of 125 units from the March 18 purchase and 205 units from the March 25 purchase: Required: 1. Compute cost of goods available for sale and the number of units available for sale. Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. For specific identification, the March 9 sale consisted of 40 units from beginning inventory and 465 units from the March 5 purchase: the March 29 sale consisted of 125 units from the March 18 purchase and 205 units from the March 25 purchase. Problem 5-1A (Algo) Part 2 2. Compute the number of units in ending inventory. If specific identification, the March 9 sale consisted of 40 units from beginning inventory and 465 units from the March 5 urchase; the March 29 sale consisted of 125 units from the March 18 purchase and 205 units from the March 25 urchase. Total \begin{tabular}{|l|l|l|l|l|l|} \hline & \multicolumn{2}{|c|}{ Cost of Goods Availible for Sale } \\ \hline & # of units & Cost per unit Uost of Goods Avallable for Sale & # of units sold & \\ \hline Beginning inventory & & & & \\ \hline Purchases: & & & & \\ \hline March 5 & & & & \\ \hline March 18 & & & & \\ \hline March 25 & & & & \\ \hline Total & & & \\ \hline \end{tabular} 4