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Part 3 of 4 Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1...

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Problem $6 - 1$ A $($ Algo $)$ Perpetual: Alternative cost flows LO P $1$

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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

$\$ table $[[$ Date $,$ Activities,Units,Acquired at cost $,$ Units Sold at Retail $], [$ March $1,$ Beginning inventory, $190$ units,@ $ $52.80$ per unit,s $], [$ March $5,$ Purchase, $270$ units,@ $ $57.80$ per unit, $], [$ March $9,$ Sales,,, $350$ units @ $ $87.80$ per unit $], [$ March $18,$ Purchase, $130$ units,@$ $62.80$ per unit, $], [\$ table $[[$ March $25], [$ March $29]], \$ table $[[$ Purchase $], [$ Sales $]], 240$ units,@$ $64.80$ per unit, $220$ units a $ ${97.80}^{-}$ oer unit $], [,$ Totals, $830$ units, $, 570$ units $]]$

Problem $6 - 1$ A $($ Algo $)$ Part $3$

$3 .$ Compute the cost assigned to ending inventory using $($ a $)$ FIFO, $($ b $)$ LIFO, $($ c $)$ weighted aqverage, and $($ c $)$ specific identification. For specific identification, units sold include $110$ units from beginning Inventory, $240$ units from the March $5$ purchase, $90$ units from the March $18$ purchase, and $130$ units from the March $25$ purchase.

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