Complete this question by entering your answers in the tabs below.

• Perpetual FIFO
• Perpetual LIFO
• Weighted Average
• Specific Id

Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.)

Weighted Average Perpetual: Date Goods Purchased Cost of Goods Sold Inventory Balance # of units Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance March 1 220 at $53.40 = $11,748.00 March 5 255 at $58.40 125 at $53.40 = $6,675.00 at $58.40 Average March 5 125 at $6,675.00 March 9 380 at $88.40 = $33,592.00 at March 18 145 at $63.40 0 at $63.40 Average March 18 0 March 25 Average March 25 March 29 Totals $33,592.00

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Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3

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[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	Activities	Units Acquired at Cost			Units Sold at Retail
March 1	Beginning inventory	220	units	@ $53.40 per unit
March 5	Purchase	285	units	@ $58.40 per unit
March 9	Sales				380	units	@ $88.40 per unit
March 18	Purchase	145	units	@ $63.40 per unit
March 25	Purchase	270	units	@ $65.40 per unit
March 29	Sales				250	units	@ $98.40 per unit
	Totals	920	units		630	units

Problem 5-1A (Algo) 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, units sold include 125 units from beginning inventory, 255 units from the March 5 purchase, 105 units from the March 18 purchase, and 145 units from the March 25 purchase.

Complete this question by entering your answers in the tabs below.

• Perpetual FIFO
• Perpetual LIFO
• Weighted Average
• Specific Id

Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 125 units from beginning inventory, 255 units from the March 5 purchase, 105 units from the March 18 purchase, and 145 units from the March 25 purchase.

Specific Identification: Date Goods Purchased Cost of Goods Sold Inventory Balance # of units Cost per unit Goods Puchased # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance March 1 220 at $53.40 = $11,748 125 at $53.40 = $6,675.00 95 at $53.40 = $5,073.00 March 5 285 at $58.40 = 16,644 255 at $58.40 = 14,892.00 125 at $58.40 = 7,300.00 March 18 145 at $63.40 = 9,193 105 at $63.40 = 6,657.00 165 at $63.40 = 10,461.00 March 25 270 at $65.40 = $17,658 145 at $65.40 = 9,483.00 290 at $65.40 = 18,966.00 Totals $37,707.00 $41,8