Required information Problem 5-2AA 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 Units Sold at Retail Units Acquired at Cost 115 units@sse per unit 415 units@ $55 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar 29 Sales Totals 435 units @ $85 per unit 150 units@ $60 per unit 230 units@ $62 per unit 190 units@ $95 per unit 625 units 910 units For specific identification, the March 9 sale consisted of 50 units from beginning inventory and 385 units from the March 5 purchase, the March 29 sale consisted of 55 units from the March 18 purchase and 135 units from the March 25 purchase. Problem 5-2AA Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO (b)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