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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

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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 cost Units Sold at Retail Mar. 1 Beginning inventory 180 units@ $50.00 per unit 5 Purchase 400 units @ $55.00 per unit Mar. 9 Sales 420 units @ $85.ea per unit Mar. 18 Purchase 120 units@ $68.00 per unit Mar. 25 Purchase 298 units@ $62.00 per unit Mar. 29 Sales 160 unitse $95.00 per unit Totals 820 units 580 units Mar. 3. Compute the cost assigned to ending inventory using (o) FIFO, (b) 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 Id Required information SELV Goods Purchased # of units unit Date Cost per Cost of Goods Sold Cost per Cost of Goods Sold unit # of units sold # of units Inventory Balance Cost per Inventory unit Balance $ 50.00 = $ 5,000.00 March 1 100 March 5 March 9 March 18 March 25 March 20 Totale non nnn Required information Perpetual LIFO: Goodarchased Date # of units unit March 1 Inventory Balance Cost per Cost of Goods Sold # of units Cost per cost of Goods Sold sold unit Cost per # of units unit Inventory Balance 100 @ $ 50.00 - $ 5,000.00 March 5 March 9 March 18 March 25 March 29 CD Required informat Compute the cost assigned to ending Inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance #of Cost per # of units Cost per Date units unit sold unit Cost of Goods Sold # of units unit Inventory Balance March 1 1000 $ 50,00 5,000.00 March 5 Cost per Average March 9 March 18 Average March 25 March 29 Totals 0.00 Required information Specific Identification: Goods Purchased #of Date units unit March 1 March 5 Cost per # of units sold Cost of Goods Sold Cost per unit Cost of Goods Sold Inventory Balance Cost per # of units unit Inventory Balance 100 $ 50,00 - $ 5,000.00 March 9 March 18 March 25 March 29 Totals $ 0.00

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