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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	250	units	@ $54.00 per unit
March 5	Purchase	300	units	@ $59.00 per unit
March 9	Sales				410	units	@ $89.00 per unit
March 18	Purchase	160	units	@ $64.00 per unit
March 25	Purchase	300	units	@ $66.00 per unit
March 29	Sales				280	units	@ $99.00 per unit
	Totals	1,010	units		690	units

3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 140 units from beginning inventory and 270 units from the March 5 purchase; the March 29 sale consisted of 120 units from the March 18 purchase and 160 units from the March 25 purchase.

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