Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Units Sold at Retail Units Required at Cost 230 units $53.60 per unit 290 units $58.60 per unit 390 units $88.60 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 150 units $63.60 per unit 280 units@ $65.60 per unit 260 units 650 units $98.60 per unit 950 units Problem 6-1A Part 1 Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of Goods Available for Sale Cost per Cost of Goods # of units Unit Available for Sale Beginning inventory Purchases: March 5 March 18 March 25 Total 24 of 8 Next > Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 The following information applies to the questions displayed below) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail Units Aequired at Cost 230 units $53.60 per unit 290 units @ $58.60 per unit 390 units @ $88.60 per unit Activities Mar. 1 Beginning inventory Mar. 5 Purchase Har. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 150 units 280 units $63.60 per unit $65.60 per unit 260 units @ $98.60 per unit 650 units 950 units Problem 6-1A Part 2 2. Compute the number of units in ending inventory. E gentory units Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units sold at Retail Units Aequired at Cost 230 units! $53.60 per unit 290 units $58.60 per unit 390 unitse $88.60 per unit Activities Mar. 1 Beginning inventory kar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 150 units 280 unite $63.60 per unit $65.60 per unit 260 units 650 units $98.60 per unit 950 units Problem 6-1A Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 130 units from beginning inventory and 260 units from the March 5 purchase: the March 29 sale consisted of 110 units from the March 18 purchase and 150 units from the March 25 purchase. complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual UFO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO