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[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 March 1 March 5 March 9 March 18 March 25 March 29 Date March 1 Beginning inventory Purchase Sales Purchase Purchase Sales Totals March 5 Activities Complete this question by entering your answers in the tabs below. Total March 5 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 90 units from beginning inventory, 220 units from the March 5 purchase, 70 units from the March 18 purchase, and 110 units from the March 25 purchase. Perpetual FIFO Perpetual LIFO & Compute the cost assigned to ending inventory using FIFO. # of units Weighted Average Goods Purchased 250 at Cost per unit Units Acquired at Cost 150 units @ $52.00 per unit 250 units @ $57.00 per unit $57.00 110 units @ $62.00 per unit 200 units @ $64.00 per unit Specific Id 710 units # of units sold Perpetual FIFO: Cost of Goods Sold Cost per unit Cost of Goods Sold # of units Units Sold at Retail 150 at 310 units @ $87.00 per unit 150 at 250 at 180 units @ $97.00 per unit 490 units Inventory Balance Cost per unit $52.00 = $52.00 => $57.00 - Inventory Balance $ 7,800.00 $ 7,800.00 14,250.00 $ 22.050.00

The following information opplies to the quesuions displayed below] Warnerwoods Company uses a perpetual inventory system. it entered into the foliowing purchases and sales transactions for Morch; - Compute the cost assigned to ending inventory using (d) FFO, (G) LFO, (d) welghted average, and (d) specific identification. For pecific identfication, units sold include 90 units from beginning inventory. 220 units from the March 5 purchase, 70 units from the tarch 18 purchose, and 110 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost sssigned to ending inventory using FPO Required information Perpetual LIFO Required information Prev 67 of 8 Wi Next Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places. March 18 purchase, and 110 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 90 units from beginning invent units from the March 5 purchase, 70 units from the March 18 purchase, and 110 units from the March 25 purchase

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