Question: Required information Problem 5-2AA (Algo) Periodic: Alternative cost flows LO P3 [The following information applies to the questions displayed below.] Warnerwoods Company uses a periodic
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Required informotion Problem 5-2AA (Algo) Periodic: Alternative cost flows LO P3 [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, 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. Problem 5-2AA (Algo) Port 3 1. Compute the cost assigned to ending inventory using (a) FIFO. (b) LFF, (c) weighted average, and (d) specific identification. Note: Round your "overoge cost per unit" to 2 decimal ploces. Required information Problem 5-2AA (Algo) Periodic: Alternative cost flows LO P3 [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, units soid include 90 units from beginning inventory, 410 units from the March 5 purchase, 120 units from the March 18 purchase, and 200 unis from the March 25 purchase Problem 5-2AA (Algo) Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. Note: Round your "overege cost per unit" to 2 decimol pleces
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