Check 21 Part 3 of 4 25 points Required information Problem 5-2AA (Algo) Perpetual: Alternative cost flows LO P3 [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 Date Activities Units Acquired at Cost Units sold at Retail Mar. 1 Beginning inventory unit Mar. 5 Purchase unit Mar. 9 Sales 238 units @ $85.40 per unit Mar. 18 Purchase @ $60.40 per eBook 70 units $50.40 per 210 units $55.40 per Print 70 units unit Reference 120 units $62.40 per unit Mar.25 Purchase Mar.29 Sales Totals 100 units @ $95.40 per unit 330 units 470 units Problem 5-2AA (Algo) Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO. (6) LIFO. (c) weighted average and specific identification. For specific identification, the March 9 sale consisted of 50 units from beginning inventory and 180 units from the March 5 purchase the March 29 sale consisted of 30 units from the March 18 purchase and 70 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual Perpetual Weighted Specific FIFO LIFO Average Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO Goods Purchased Cost of Goods Sold Inventory Balance # of Cost Date Cost # of units Cost per Cost of Goods units per Inventory sold of units per unit Sold unit unit Balance March 1 $ $ 70 @ 50.40 3,528.00 March 5 March 9 March 18 March 25 Ches Chec 21 Mar. 5 Purchase @ $55.40 per 218 units unit Mar. 9 Sales 238 units @ $85.40 per unit Part 3 of 4 7 units 68.48 per 120 units 562.48 per unit Mar. 18 Purchase Mar.25 Purchase Mar.29 Sales Totals 25 points unit 1ee units $95.40 per unit 338 units 478 units eBook Problem 5-2AA (Algo) Part 3 Print Reference 3. Compute the cost assigned to ending inventory using FIFO. (6) LIFO. weighted average, and (a specific Identification. For specific identification, the March 9 sale consisted of 50 units from beginning inventory and 180 units from the March 5 purchase, the March 29 sale consisted of 30 units from the March 18 purchase and 70 units from the March 25 purchase Complete this question by entering your answers in the tabs below. Perpetual Perpetual Weighted Specific FIFO LIFO Average Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased Cost of Goods Sold Inventory Balance # of Cost Cost Date Cost # of units Cost of Goods per sold Inventory units of units per Sold Balance unit unit $ $ March 1 50.40 3,528.00 March 5 per unit 70 March 9 March 18 March 25 March 29 Totals Perpetual FIFO Perpetual LIFO >