34:21 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 March 1 March 5 March 9 March 18 Units Acquired at Cost $50.80 per unit Units Sold at Retail Activities Beginning inventory 90 units Purchase 220 units @ $55.80 per unit Sales 250 units @ $85.80 per unit 80 units 140 units @$60.80 per unit @$62.80 per unit 530 units 120 units @ $95.00 per unit 370 units Purchase Purchase bok March 25 March 29 Sales Totals ences 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 60 units from beginning inventory, 190 units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Required information March 1 Goods Purchased Date # of units Cost per unit. # of units sold. March 5 Total March 5 3:44 ces March 9 Total March 9 March 18 Total March 18 March 25 Total March 25 March 201 Total March 29 Totals Cost of Goods Sold Cost per unit Cost of Goods Sold # of units 90 at Inventory Balance Gost per unit $50.80= Inventory Balance $ 4,572.00 Required information Goods Purchased 3 of 4 March 1 Cost of Goods Sold Date # of units Cost per unit # of units sold Cost per unit Cost of Goods Sold #of units 90 at March 5 33325 Book Print Total March 5 March 9 Total March 9 March 18 Total March 18 rences March 25 Total March 25 March 20 Total March 29 Totals Inventory Balance Cost per unit $50.80 Inventory Balance $ 4,572.00 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 Cost of Goods Sold Date # of units Cost per unit # of units sold Inventory Balance Cost per Cost per unit Cost of Goods Sold # of units Inventory Balance 90 at unit $ 50.80 $ 4.572.00 March 1 March 5 Average March 5 March 9 March 18 Average March 18 March 25 Average March 25 March 20 Totals < Perpetual LIFO Specific Id> 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, units sold include 60 units from beginning inventory, units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the March 25 purchase. Specific Identification Goods Available for Sale Cost of Goods Sold Ending Inventory Date # of units Cost per unit Cost of Goods Available for Sale # of units Cost per sold # of units Cost of unit Goods Sold in ending inventory Cost per unit Ending Inventory March 1 March 5 March 18 March 25 Total