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Required information Skip to question [The following information applies to the questions displayed below.] Warnerwoods...

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Accounting

Required information Skip to question [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. 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 identi

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