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Required information The following information applies to the questions displayed below! Warnerwoods Company uses a...

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Accounting

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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 Date Activities Units Acquired at Cost Units sold at Retail Mar. 1 Beginning inventory 130 units@ $51.68 per unit Mar, Purchase 248 units $56.6e per unit Mar. 290 units @ $56.60 per unit Mar. 18 Purchase 100 units 56.60 per unit Mar. 25 Purchase 180 units $63.60 per unit 168 units 396.6 per unit Totals 65 units 450 units 3. Compute the cost assigned to ending inventory using a FIFO. LIFO weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 210 units from the March 5 purchase the March 29 sale consisted of 60 units from the March 18 purchase and 100 units from the March 25 purchase

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