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3 of 4 bok 7 nt ces Required information [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. Date March 1 March 5 March 9 March 18 March 25 March 29 March 1 March 5 Beginning inventory. Purchase Date Activities Sales Purchase Purchase Sales. Totals Perpetual FIFO Perpetual LIFO Complete this question by entering your answers in the tabs below. Weighted Average Compute the cost assigned to ending inventory using FIFO. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold include 135 units from beginning inventory, 265 units from the March 5 purchase, 115 units from the March 18 purchase, and 155 units from the March 25 purchase. Goods Purchased # of units Units Acquired at Cost 240 units @ $53.80 per unit 295 units @ $58.80 per unit 155 units @ $63.80 per unit 290 units @ $65.80 per unit Specific Id 980 units Cost per # of units unit sold Perpetual FIFO: Cost of Goods Sold Cost per unit Cost of Goods Sold # of units Units Sold at Retail 400 units @ $88.80 per unit 270 units @ $98.80 per unit 670 units Inventory Balance Cost per unit $ 53.80 = 240 at Inventory Balance $ 12,912.00

Required information [The following information applles to the questions displayed below] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (C) weighted average, and (d) specific identification. For specific identification, units sold include 135 units from beginning inventory, 265 units from the March 5 purchase, 115 units from the March 18 purchase, and 155 units from the March 25 purchase. Compiete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using Fifo. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, ( c ) weighted average, and (c) specific identification specific identification, units sold include 135 units from beginning inventory, 265 units from the March 5 purchase, 115 units fr March 18 purchase, and 155 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using LIFO. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, ( d ) weighted average, and ( d ) specific identification. For specific identification, units sold include 135 units from beginning inventory, 265 units from the March 5 purchase, 115 units from the March 18 purchase, and 155 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 135 units from beginni units from the March 5 purchase, 115 units from the March 18 purchase, and 155 units from the March 25 purchase

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