0 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 coat Mar. Beginning inventory Units soldat Roti 100 units $67.00 per unit Mar. 5 Purchase 400 units $72.00 per unit Mar. 9 Sales 420 units # $102.00 per unit Mar. 18 Purchase 120 units $77.00 per unit Mar. 25 Purchase 200 units $29.00 per anit Mar. 29 Sales 160 unitae $112.00 per unit Totals 820 units 580 units 3. Compute the cost assigned to ending Inventory using (8) FIFO. () LIFO. (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 80 units from beginning Inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase. 3. Compute the cost assigned to ending inventory using (a) FIFO. (D) LIFO, (c) weighted average, and (d) specific identification. For specific Identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific ld Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased #of units unit Date Cost per # of units sold Cost of Goods Sold Cost unit Cost of Goods Sold per Cost per Inventory Balance # of units Inventory unit Balance 100 @ $ 67.00 - $ 6,700.00 March 1 March 5 400 @ $72.00 100 @ 400 @ $ 67.00 - $72.00 $ 6,700.00 28,800.00 $ 35,500.00 $ 5,360.00 March 9 100 @ 320 @ $ 67.00 - $72.00 S 6.700.00 23,040,00 $ 29,740.00 $67.00 = $72.00 @ $ 6,360.00 March 18 120 $77.00 @ @ $67.00 $72.00 $77.00 Required information Perpetual FIFO: Goods Purchased Cost of Goods Sold Cost per Date # of units Cost per unit # of units sold Cost of Goods Sold unit Inventory Balanco Cost per Inventory # of units unit Balance 100 @ $67.00 = $ 6,700.00 March 1 March 5 400 @ $ 72.00 100 @ 400 @ $ 67.00 = $ 72.00 - $ 6,700.00 28,800.00 $ 35,500.00 March 9 100 @ $ $67.00 $72.00 el $ 5,360.00 320 @ 6,700.00 23,040.00 29,740.00 $ 67.00 = $ 72.00 @ $ $ 5,360.00 March 18 120 @ $77.00 $ 67.00 $72.00 $77.00 @ March 25 200 @ $79.00 lell $ 67.00 $72.00 $77.00 $79.00 March 29 80 Totals $ 29,740.00 Required information CUPULUI LINU. Goods Purchased #of units Cost per unit Date Cost of Goods Sold Cost per Cost of Goods Sold unit # of units sold Inventory.Balanco Cost per Inventory # of units unit Balance 100 $ 67.00 - $ 6,700.00 March 1 March 5 March 9 March 18 March 25 March 29 Totals $ 0.00 ! Inventory Balance Specific Identification: Goods Purchased #of Dato units unit March 1 Cost per Cost of Goods Sold # of units Cost of Goods sold unit Sold Cost per Cost per # of units unit Inventory Balance $67.00 - $ 6,700.00 100 @ March 5 March 9 March 18 March 25 March 29 $ 0.00 Totals