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accounting problems 3 please complete full chart 3 O Required information Part 3 of 4 [The following information applies to the questions displayed below.] Warnerwoods

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3 O Required information Part 3 of 4 [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. 3.57 points Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 110 units @ $51. 20 per unit Mar. 5 Purchase 230 units @ $56.20 per unit Mar. 9 Sales 270 units e $86.20 per unit eBook Mar. 18 Purchase 90 units @ $61.20 per unit Mar. 25 Purchase 60 units @ $63.20 per unit Mar. 29 Sales 140 units @ $96.20 per unit Totals 590 units 410 units References 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 70 units from beginning inventory and 200 units from the March 5 purchase; the March 29 sale consisted of 50 units from the March 18 purchase and 90 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 weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance Date # of Cost per # of units Cost per units unit sold unit Cost of Goods Sold # of units Cost per Inventory Balance March 1 110 @ $51.20 - $ 5,632.00 March 5 230 @ @ $ 51.20 Average March 9 March 18 Average March 25 March 29 Total Perpetual LIFO Specific Id >

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