please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Required informationProblem 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 transactionsfor March.DateMarch 1March 5March 9March 18March 25March 29ActivitiesBeginning inventoryPurchaseSalesPurchase.PurchaseSalesTotalsUnits Acquired at Cost170 units470 units$60 per unit$65 per unit260 units340 units1,240 units$70 per unit$72 per unitUnits Sold at Retail490 units $95 per unit300 units $105 per unit790 unitsFor specific identification, units sold include 90 units from beginning inventory, 400 units from the March 5 purchase, 110units from the March 18 purchase, and 190 units from the March 25 purchase. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification.Note: Round your "average cost per unit" to 2 decimal places.a) Periodic FIFOCost of Goods Available for SaleCost of Goods SoldEnding Inventory

Name: please answer within the format by providing formula the detailed work
Uploaded: 2024-03-20T06:32:37.000Z
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Description: please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Required informationProblem 5-2AA (Algo)