Question: 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

 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. For specific identification, the March 9 sale consisted of

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. For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 420 units from the March 5 purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 180 units from the March 25 purchase. roblem 5-1A (Algo) Part 3 Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. lote: Round your "average cost per unit" to 2 decimal places. for March. For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 420 units from the Marc purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 180 units from the March 25 purchase. Problem 5-1A (Algo) Part 4 4. Compute gross profit earned by the company for each of the four costing methods', Note: Round your average cost per unit to 2 decimal places and final answers to nearest whole dollar

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