Chapter 5 Homework Saved Help Save & Exit Submit Check my work 4 Part 3 of 4 Required information. (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 22 points Date March 1 March 5 Activities Beginning inventory 220 units Purchase 285 units Units Acquired at Cost $53.40 per unit $58.48 per unit Units Sold at Retail March 9 Sales 380 units $88.40 per unit Book March 181 March 25 Purchase 145 units March 29 Purchase Sales 270 units $63.48 per unit @ $65.40 per unit 250 units @ 598.48 per unit Pint Deferences Totals 920 units 630 units 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 125 units from beginning inventory, 255 units from the March 5 purchase, 105 units from the March 18 purchase, and 145 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 4 - Required information Chick my work Part 34 22 points Perpetual FIFO Perpetual LIFO Average Specific d Compute the cost assigned to ending inventory using FIFO. Perpetual FEQ Cost of Goods Sold Cost per of units Cost per Cost of Goods Sold Goods Pub Date of units Pine March 1 References March 5 sold Inventory Balance Cost per ventory unit Balance 220 at $53.40 $11.748.00 Mc Graw THIE Total March 5 March 9 Total March 9 March 18 Total March 18 4 Required information 130f4 March 18 Total March 18 Block Print prences March 25 Total March 25 March 29 Total March 29 Totals Ferperal 190 Perpetual LIFO > Check my work Required information Part 3 of 4 Perpetual FIFO Perpetual LIFO Weighted Average 22 points Specific Id Compute the cost assigned to ending inventory using LIFO Goods Purchased Book Date #of units Cost per unit of units sold PerpetualLIFO Cost of Goods Sold Cost per unit Cost of Goods Sold of units March 1 220 Referenc March 5 Total March 5 March 9 Mc raw Total March 9 March 18 Total March 18 Inventory Balance Cost per unit $55.40 Inventory Balance $11.748.00 + Required information of 4 March 18 Total March 18 yo t March 25 nces Total March 25 March 29 Total March 29 Totals 4 Required information. Part 3 of 4 22 points Check my work Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetuat Date Goods Purchased Cost per Cost of Goods Sold of units of units sold Cost per unit Cost of Goods Sold of units Inventory Balance Cost per ventory Gala unit March 1 220 at 53.40 $11,74 efoo Print References March 5 Average March 5 March 9 March 18 Average March 18 March 25 Average March 25 March 29 Totals IMC 5 Perpetual LFO Specifici > Next> Chapter 5 Homework e 4 SANT Required information Complete this question by entering your answers in the tabs below. Part 3 of 4 Perpetual FIFO Perpetual LIFO Weighted Specific Id Average Question 4 Chapter Help Save & Ext Submit Check my work 22 points Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 125 units! units from the March 5 purchase. 105 units from the March 18 purchase, and 145 units from the March 25 purchase P Specific Identification Goods Available for Sale Cost of Goods Sold Date of units Cost per unit Cost of Goods Available for Sale of units of units Cost per sold Cost of Goods Sold in ending inventory Ending Inventory Cost per unit Ending Inventory March 1 March 5 March 18: March 25 Total Weighted Average