5 Pan 3 of 3 Required Information Problem 6-1A Perpetual: Alternative cost flows LO P1 (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 22 References Mar Beginning inventory THE 10 units s sets Problem 6-1A Part 4 4. Compute pross profit eemed by the company for each of the four costing methods. For specific loenification, the March 9 sale consisted of 80 units from beginning inventory and 210 units from the March 5 purchase, the March 29 sale consisted of 60 un from the March 18 purchase and 100 units from the March 25 purchase (Round weighted average cost per unit to two decimals and final enswers to nearest whole doller) Gross Margin Sales Less Cost of go FIFO LIFO Arp Cast 10 Summative Assessment [due Day 7) Saved Required Information Problem 6-1A Perpetual: Alternative cost flows LO P1 [The following Information applies to the questions displayed below] Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transaction for March. Date Activities Mar 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Units Acquired at Cost 130 units @ $51.68 per unit 240 units @ $56.60 per unit 100 units @ $61.60 per unit 180 units @ $63.68 per unit Totals 650 units Units Sold at Retail 290 units @ $86.60 per unit 160 units @ $96.60 per unit 450 units Problem 6-1A Part 3 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 80 units from beginning inventory and 210 units from the March 5 purchase t March 29 sale consisted of 60 units from the March 18 purchase and 100 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 FIFO. Perpetual FIFO Goods Purchased Cost of Goods Sold Date #of units Cost per unit F of units sold unit Cost per Cost of Goods Sold of units March 1 130 a March 5 Inventory Balance Cost per unit $51.00 Inventory Balance $ 0,700.00 < They k2-Apply: Summative Assessment [due Day 716 4 Required information Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Part 2 of 3 Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. 22 Perpetual FIFO points Goods Purchased Date #of units Cost per # of units unit sold Cost of Goods Sold Cost per unit Cost of Goods Sold of units 130 March 1 eBook March 5 References March 9 March 18 March 25 March 29 Saved Inventory Balance Cost per Inventory unit Balance $51.00 36.708.00 0.00 Perpetual LIFO > 4 Required Information Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO 12 of 3 Weighted Average Specific Id Compute the cost assigned to ending inventory using LIFO, Perpetual LIFO nts Goods Purchased Date of units Cost per unit # of units sold unit Cost of Goods Sold Cost per Cost of Goods Sold # of units 130 March 1 Booki March 5 References March 9 March 10 Maron 20 March 20 Fola Inventory Balance Cost per unit $51.00 Inventory Balance 6.708.00 $ 0.00 Perpetual FIFO Weighleverage CW2 Apply S 4 ambeducation.com/et/map/lexbechend con-conder-2252Fhome%252F201 Wk2-Acty Summative Asmens Day 20 4 March 29 sale d hosted of 60 unks from March 18 purch Mech 25 pche Come the s D Jukey 22. 4 and 20 Mar