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Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March Activities Units Acquired at Cost 110 units $45 per unit 410 units $50 per unit Units Sold at Retail Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 430 units $80 per unit 140 units $55 per unit 220 units $57 per unit 180 units 610 units $90 per unit Totals 880 units For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 370 units from the March 5 purchase; the March 29 sale consisted of 50 units from the March 18 purchase and 130 units from the March 25 purchase 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification Complete this question by entering your answers in the tabs below Weighted Average Periodic FIFO Periodic LIFO Specific Id Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) c) Average Cost Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods | #0f units for Sale | # of units Goods in ending Cost per Average Cost of A verage #Of units Cost per Available! sold Cost per ni Ending Inventory unit Sold inventory unit Beginning inventory Purchases March 5 March 18 March 25 Total

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