Can you also please describe where you got the numbers from! Im truly so confused on this chapter :(

Thank You!!!!!!

Required information Problem 5-1A 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 Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 110 units@ $51.20 per unit 230 units @ $56.20 per unit 90 units @ $61.20 per unit 160 units @ $63.20 per unit 270 units @ $86.20 per unit 140 units @ $96.20 per unit 410 units 590 units Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Cost of Goods Sold Goods Purchased # of Cost per units unit # of units sold Cost per cost of Goods Sold Date Inventory Balance # of units Cost per Inventory unit Balance 110 @ $ 51.20 = $ 5,632.00 unit March 1 March 5 230 @ $ 56.20 110 @ 230 @ $ 51.20 = $ 56.20 = $ 5,632.00 12,926.00 $ 18,558.00 March 9 $ 51.20 = $ 110 @ 160 @ 0 @ @ 5,632.00 8,992.00 14,624.00 $ 51.20 $ 56.20 = $ 56.20 = 12,926.00 $ 12,926.00 $ March 18 90 @ $61.20 @ @ @ $51.20 $ 56.20 $ 61.20 = 90 5,508.00 $ 5,508.00 March 18 90 $ 61.20 @@@ $ 51.20 $ 56.20 $ 61.20 = 90 @ 5,508.00 $ 5,508.00 March 25 160 @ $63.20 @@@@ $ 51.20 $ 56.20 $ 61.20 $63.20 = 160 @ 10.112.00 $ 10,112.00 March 29 $ 70 @ 70 @ $ 51.20 $ 56.20 $ 61.20 $ 63.20 0.00 3,934.00 4,284.00 0.00 8,218.00 22,842.00 @ @ @ @ $ 51.20 $ 56.20 $ 61.20 = $63.20 = 20 @ 160 @ 11 1,224.00 10.112.00 $ 11,336.00 $ 11,336.00 $ Totals $ Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Goods Purchased Cost of Goods Sold #of Cost per # of units Cost per Cost of Goods Sold units unit sold unit Date Inventory Balance # of units Cost per Inventory unit Balance 110 @ $ 51.20 = $ 5,632.00 March 1 March 5 230 @ $ 56.20 $ 51.20 = 110 @ 230 @ $ 56.20 = $ 5,632.00 12,926.00 $ 18,558.00 March 9 $ 0.00 @e) $ 51.20 $ 56.20 @ @ $ 51.20 = $ 56.20 = 11 0.00 March 18 90 @ $ 61.20 $ 51.20 March 18 90 @ $61.20 $ 51.20 $ 56.20 $61.20 March 25 160 @ $ 63.20 $ 51.20 @ $ 56.20 @ $61.20 $ 63.20 March 29 Totals $ 0.00 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 Date # of units unit March 1 Cost per # of units sold Cost of Goods Sold Cost per Cost of Goods Sold unit Inventory Balance # of units Cost per unit Inventory Balance 110 @ $ 51.20 = 5,632.00 $ March 5 Average March 9 March 18 Average March 25 March 25 March 29 Totals $ 0.00 Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 70 units from beginning in 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. Specific Identification: Goods Purchased # of units unit March 1 Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold Date Cost per Inventory Balance # of units Cost per unit Inventory Balance 110 @ $ 51.20 = $ 5,632.00 March 5 March 9 March 18 March 25 March 29 Totals $ 0.00