Blue boxes in photos are where required info must go. All blue boxes must be filled in.

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 Units Sold at Retail Units Acquired at Cost 170 units @ $52.40 per unit 260 units @ $57.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 330 units @ $87.40 per unit 120 units @ $62.40 per unit 220 units @ $64.40 per unit 200 units @ $97.40 per unit 530 units Totals 770 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 100 units from beginning inventory and 230 units from the March 5 purchase; the March 29 sale consisted of 80 units from the March 18 purchase and 120 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 Perpetual FIFO: Goods Purchased # of Cost per units unit Cost of Goods Sold Cost per Cost of Goods Sold # of units Date Inventory Balance Cost per Inventory # of units unit Balance 170 @ $ 52.40 = $ 8,908.00 sold unit March 1 March 5 March 9 March 18 March 25 March 29 Totals $ 0.00 Perpetual LIFO: Cost of Goods Sold Goods Purchased # of units unit Cost per Cost per Date # of units sold Cost of Goods Sold Inventory Balance # of units Cost per Inventory unit Balance 170 @ $ 52.40 = $ 8,908.00 unit March 1 March 5 March 9 March 18 March 25 March 29 Totals nnn Cost of Goods Sold Inventory Balance Weighted Average Perpetual: Goods Purchased # of Cost per Date units unit March 1 # of units sold Cost per unit Cost of Goods Sold Cost per Inventory Balance # of units unit $ 52.40 = 170 @ $ 8,908.00 March 5 Average March 9 March 18 Average March 25 March 29 Totals 0.00 Specific Identification: Goods Purchased #of Date units unit March 1 Cost per Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold Inventory Balance Cost per # of units unit Inventory Balance 170 @ $ 52.40 = $ 8,908.00 March 5 March 9 March 18 March 25 March 29 Totals $ 0.00