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4 Pan 34 16 points eBook Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3 [The following information applies to the questions displayed
4 Pan 34 16 points eBook Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P3 [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 March 1 Barch Activitie Beginning inventory Purchas Sales Purchase March 25 Purchase March 29 Sales Prin Totals Unita Acquired C 160 unite 852.20 320 units 47.20 per unis 115 unite #362.20 per unit 210 units 964.20 per s 190 unite $97.20 per unit 740 unit 510 unit Problem 5-1A (Algo) Part 3 3. Compute the cost assigned to ending inventory using FIFO, LFO, (d weighted average, and (d) specific identification. For specific identification, units sold include 95 units from beginning inventory, 225 units from the March 5 purchase, 75 units from the March 18 purchase, and 115 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific 3d Compute the cost assigned to ending inventory using FIFO. Perpetual FFQ Goods Purchased Cost of Goods Sold Inventory Balance #of units Cost per of units unit sold Cost per Cost of Goods Sold unit Cost per of units March 1 unt 100 $52.20-$8.352.00 Inventory Balance 225 at $57.20 March 5 at at $52.20 $57.20 Total March 5 March 9 Total March 9 March 18 Total March 18 March 25 March 29 TotalMarch 29 Total $ 0:00 Perpetual LIFO >
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