7 ! Required information Problem 5-1A (Algo) 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. Units Acquired at Cost 130 units unit @ $51.60 per 240 units $56.60 per Date Activities Beginning March 1 inventory March 5 Purchase March 9 Sales March 18 Purchase March 25 Purchase March 29 Sales Totals 650 units unit 100 units @ $61.60 per 'unit 180 units @ $63.60 per unit Units Sold at Retail 290 units $86.60 per unit 160 units @ $96.60 per unit 450 units Problem 5-1A (Algo) 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, units sold include 80 units from beginning inventory, 210 units from the March 5 purchase, 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 Perpetual Weighted Specific FIFO LIFO Average Id