Required information Problem 6-2AA (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 Units Sold at Retail Units Acquired at Cost 140 units @ $75 per unit 440 units @ $80 per unit Date March 1 March 5 March 9 March 18 March 25 March 29 460 units @ $110 per unit Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals 200 units @ $85 per unit 280 units @ $87 per unit 240 units @ $120 per unit 700 units 1,060 units For specific identification, units sold include 90 units from beginning inventory, 370 units from the March 5 purchase, 80 units from the March 18 purchase, and 160 units from the March 25 purchase. Problem 6-2AA (Algo) 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 # of Units Cost per Cost of Goods Available Unit for Sale Beginning inventory Purchases: March 5 March 18 March 25 Total