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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 Units Acquired at Cost 170 units @ $52.40 per unit 260 units @ $57.40 per unit Mar. Units Sold at Retail Date Activities Mar. 1 Beginning inventory 5 Purchase Mar 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 330 units@ $87.40 per unit 120 units@ $62.40 per unit 220 units@ $64.40 per unit 770 units 200 units@ $97.40 per unit 530 units 3. Compute the cost assigned to ending inventory using (a) FIFO. (6) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 100 units from beginning inventory and 230 units from the March 5 purchase: the March 29 sale consisted of 80 units from the March 18 purchase and 120 units from the March 25 purchase. - Home James Edward and... 00 Task Brainstorming... Employee Directory... diy dies OneDrive Admin Saved rs 4-6) 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 Units Sold at Retail Mar Units Acquired at Cost 170 units@ $52.40 per unit 260 units@ $57.40 per unit 330 units $87.40 per unit Date Activities 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 120 units @ $62.40 per unit 220 units@ $64.40 per unit 200 units $97.40 per unit 530 units 770 units 3. Compute the cost assigned to ending inventory using (0) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific Identification, the March 9 sale consisted of 100 units from beginning inventory and 230 units from the March 5 purchase, the March 29 sale consisted of 80 units from the March 18 purchase and 120 units from the March 25 purchase

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