5f4 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. Ded March 9 March 18 March 25 ok March 29 nt ences Sales Totals Date March 1 March 5 Sales Purchase Purchase Activities Beginning inventory Purchase 200 units 275 units Units Acquired at Cost @$53.00 per unit @$58.00 per unit Units Sold at Retail 360 units @ $88.00 per unit 135 units 250 units @$63.00 per unit @$65.00 per unit 860 units 230 units @ $98.00 per unit 590 units 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 115 units from beginning inventory, 245 units from the March 5 purchase, 95 units from the March 18 purchase, and 135 units from the March 25 purchase.