March 25 Total March 25 March 29 Total March 29 Totals Complete this question by...
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Accounting
March 25 Total March 25 March 29 Total March 29 Totals Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using FIFO. Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 85 units from beginning inventory and 215 units from the March 5 purchase; the March 29 sale consisted of 65 units from the March 18 purchase and 105 units from the March 25 purchase. March 25 Total March 25 March 29 Total March 29 Totals Compute the cost assigned to ending inventory using LIFO. 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. Compute the cost assigned to ending inventory using (a) FFO, (b) LIFO. (c) weighted average, and (d) specific identification. For pecific identification, the March 9 sale consisted of 85 units from beginning inventory and 215 units from the March 5 purchase; the larch 29 sale consisted of 65 units from the March 18 purchase and 105 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







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