Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average,...

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Accounting

Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. ForRequired information
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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions
for March.
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 45 units from beginning inventory, 175 units from the March 5 purchase, 25 units from the
March 18 purchase, and 65 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 weighted average.
Note: Round your average cost per unit to 2 decimal places.
specific identification, units sold include 45 units from beginning inventory, 175 units from the March 5 purchase, 25 units from the
March 18 purchase, and 65 units from the March 25 purchase.
Complete this question by entering your answers in the tabs below.
Perpetual FIFO Perpetual LIFO
units from the March 5 purchase, 25 units from the March 18 purchase, and 65 units from the March 25 purchase.
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