3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO. (c) weighted average, and (d) specific identificati specific identification, the March 9 sale consisted of 120 units from beginning inventory and 250 units from the March 5 pun March 29 sale consisted of 100 units from the March 18 purchase and 140 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 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 Date # of Cost per units unit March 1 Cost of Goods Sold # of units Cost per sold Cost of Goods Sold unit Inventory Balance Cost per # of units unit Inventory Balance 210 @ $53.20 = $ 11,172.00 March 5 Average March 9 March 18 Average March 25 March 29 & Exit Submit [The following information applies to the questions displayed below. Check my work Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 210 units@ $53.20 per unit 280 units @ $58.20 per unit 140 units @ $63.20 per unit 260 units@ $65.20 per unit 370 units@ $88.20 per unit 890 units 240 units@ $98.20 per unit 610 units 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 120 units from beginning inventory and 250 units from the March 5 purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 140 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 Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 120 units from beginning inventory and 250 units from the March 5 purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 140 units from the March 25 purchase. Specific Identification: Goods Purchased # of Cost per Date units unit March 1 Inventory Balance Cost of Goods Sold # of units Cost of Goods sold unit Sold Cost per # of units Cost per unit Inventory Balance $53,20 = $ 11,172.00 210 @ March 5 w Required information Average Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 120 units from beginning inventory and 250 units from the March 5 purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 140 units from the March 25 purchase. Specific Identification: Goods Purchased # of Date Cost per units unit March 1 Inventory Balance Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold # of units Cost per unit Inventory Balance $ 53.20 = $ 11,172.00 210 @ March 5 March 9 March 18 March 25 March 29 Date # of units # of units Cost per unit Cost per unit Cost of Goods Sold # of units sold Cost per unit Inventory Balance $ 53.20 = $ 11,172.00 March 1 210 @ March 5 March 9 March 18 March 25 March 29 Totals $ 0.00