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Ch5 Q9 Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Compute the cost assigned to
Ch5 Q9
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, ( \\( c \\) ) weighted average, and ( \\( d \\) ) specific identification. For pecific identification, units sold include 95 units from beginning inventory, 225 units from the March 5 purchase, 75 units from the harch 18 purchase, and 115 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using FIFO. Compute the cost assigned to ending inventory using (a) FIFO, \\( (b) \\) LIFO, \\( (c) \\) weighted average, and \\( (d) \\) specific identification. For pecific identification, units sold include 95 units from beginning inventory, 225 units from the March 5 purchase, 75 units from the harch 18 purchase, and 115 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places. (1) Required information Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, ( \\( c \\) ) weighted average, and \\( (d) \\) specific identification. For pecific identification, units sold include 95 units from beginning inventory, 225 units from the March 5 purchase, 75 units from the larch 18 purchase, and 115 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 95 units from be units from the March 5 purchase, 75 units from the March 18 purchase, and 115 units from the March 25 purchase
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