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Warnerwoods Company uses a periodic 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 105 units @ $40 per unit
March 5 Purchase 405 units @ $45 per unit
March 9 Sales 425 units @ $75 per unit
March 18 Purchase 130 units @ $50 per unit
March 25 Purchase 210 units @ $52 per unit
March 29 Sales 170 units @ $85 per unit
Totals 850 units 595 units

For specific identification, the March 9 sale consisted of 70 units from beginning inventory and 355 units from the March 5 purchase; the March 29 sale consisted of 45 units from the March 18 purchase and 125 units from the March 25 purchase.

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image Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. Jote: Round your "average cost per unit" to 2 decimal places. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{c)AverageCostBeginninginventory} & \multicolumn{3}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline & \multirow{2}{*}{#ofunits105} & AverageCostperunit & CostofGoodsAvailableforSale & \multirow{2}{*}{#ofunitssold} & AverageCostperUnit & CostofGoodsSold & \multirow[t]{2}{*}{#ofunitsinendinginventory} & AverageCostperunit & EndingInventory \\ \hline & & & $4,200 & & & & & & \\ \hline \multicolumn{10}{|l|}{ Purchases: } \\ \hline March 5 & 405 & & 18,225 & & & & & & \\ \hline March 18 & 130 & & 6,500 & & & & & & \\ \hline March 25 & 210 & & 10,920 & & & & & & \\ \hline Total & 850 & & $39,845 & & & $ & & & $ \\ \hline d) Specific Identification & \multicolumn{3}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline & \# of units & Costperunit & CostofGoodsAvailableforSale & #ofunitssold & Costperunit & CostofGoodsSold & #ofunitsinendinginventory & Costperunit & EndingInventory \\ \hline Beginning inventory & 105 & $40.00 & $4,200 & & $40.00 & $ & & $40.00 & $ \\ \hline \multicolumn{10}{|l|}{ Purchases: } \\ \hline March 5 & 405 & $45.00 & 18,225 & & $45.00 & 0 & & $45.00 & 0 \\ \hline March 18 & 130 & $50.00 & 6,500 & & $50.00 & 0 & & $50.00 & 0 \\ \hline March 25 & 210 & $52.00 & 10,920 & & $52.00 & 0 & & $52.00 & 0 \\ \hline Total & 850 & & $39,845 & 0 & & & 0 & & \\ \hline \end{tabular}
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