Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a...
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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. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (C) weighted average, and ( d ) specific identification. For specific identification, units sold include 60 units from beginning inventory, 190 units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the March 25 purchase. \begin{tabular}{|l|l|l|} \hline Perpetual FIFO Perpetual LIFO & WeightedAverage & Specific Id \\ \hline \end{tabular} Compute the cost assigned to ending inventory using FIFO. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{10}{|c|}{ Perpetual FIFO: } \\ \hline \multirow{3}{*}{DateMarch1} & \multicolumn{3}{|c|}{ Goods Purchased } & \multicolumn{5}{|c|}{ Cost of Goods Sold } & \multirow{3}{*}{ \# of ur } \\ \hline & \multicolumn{2}{|c|}{ \# of units } & \multirow[t]{2}{*}{Costperunit} & \multicolumn{2}{|c|}{#ofunitssold} & \multirow[t]{2}{*}{Costperunit} & \multicolumn{2}{|c|}{ Cost of Goods Sold } & \\ \hline & & & & & & & & & \\ \hline \multirow{2}{*}{ March 5} & 190 & at & $55.80 & & & & & & 90 \\ \hline & & & & & & & & & 190 \\ \hline \multicolumn{10}{|l|}{ Total March 5} \\ \hline \multirow{2}{*}{ March 9} & & & & 90 & at & $50.80 & = & S 4.572.00 & \\ \hline & & & & & at & $55.80 & = & 0.00 & \\ \hline Total March 9 & & & & & & & & $4,572.00 & \\ \hline \multirow[b]{2}{*}{ March 18} & 80 & at & $60.80 & & & & & & \\ \hline & & & & & & & & & \\ \hline \multicolumn{10}{|l|}{ Total March 18} \\ \hline \multirow{4}{*}{ March 25} & 140 & at & $62.80 & & & & & & \\ \hline & & & & & & & & & \\ \hline & & & & & & & & & \\ \hline & & & & & & & & & \\ \hline \multicolumn{10}{|l|}{ Total March 25} \\ \hline & & & & & & & & & \\ \hline \multirow{2}{*}{\multicolumn{10}{|c|}{ March 29}} \\ \hline & & & & & & & & & \\ \hline \multicolumn{10}{|l|}{ Total March 29} \\ \hline Totals & & & & & & & & 4,572.00 & \\ \hline \end{tabular} FIFO. Perpetual FIFO: \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Cost of Goods Sold } & \multicolumn{5}{|c|}{ Inventory Balance } \\ \hline \multirow[t]{2}{*}{Costperunit} & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{2}{|c|}{ \# of units } & \multirow{2}{*}{\begin{tabular}{c|} Costperunit \\ $50.80 \\ \end{tabular}} & \multicolumn{2}{|r|}{InventoryBalance} \\ \hline & & & & 90 & at & & = & S 4,572.00 \\ \hline & & & & 90 & at & $50.80 & = & $4,572.00 \\ \hline & & & & 190 & at & $55.80 & = & 10,602.00 \\ \hline & & & & & & & & $15,174.00 \\ \hline$50.80 & = & $ & 4.572 .00 & & at & $50.80 & & \\ \hline$55.80 & = & & 0.00 & & at & $55.80 & & \\ \hline & & & 4,572.00 & & & & & \\ \hline & & & & & at & $50.80 & & \\ \hline & & & & & at & $55.80 & & \\ \hline & & & & & at & $60.80 & & \\ \hline & & & & & at & $50.80 & & \\ \hline & & & & & at & $55.80 & & \\ \hline & & & & & at & $60.80 & & \\ \hline & & & & & at & $62.80 & & \\ \hline & & & & & & & & \\ \hline & & & & & & & & \\ \hline & & & & & & & & \\ \hline & & & & & & & & \\ \hline & & & & & & & & \\ \hline & & & & & & & & \\ \hline & & $ & 4,572.00 & & & & & \\ \hline \end{tabular} PerpetualLifo > Compute the cost assigned to ending inventory using LIFO. Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places. Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 60 units fro units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the March 25 purchase







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