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compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, (d) specific identification. for specific identification, ubits sold include 105
compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, (d) specific identification. for specific identification, ubits sold include 105 units from beginning inventory, 235 units from the march 5 purchase, 85 units from the march 18 purchase, and 125 units from the march 25 purchase.
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. 3. Compute the cost assigned to ending inventory using (a) FFO, (b) LIFO, (d) weighted average, and (d) specific identification. For specific identification, units sold include 105 units from beginning inventory, 235 units from the March 5 purchase, 85 units from the March 18 purchase, and 125 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. 1 Required infolmation ampute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (d) weighted average, and (d) specific identification. For ipecific identification, units sold include 105 units from beginning inventory, 235 units from the March 5 purchase, 85 units from the March 18 purchase, and 125 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 105 units from beginnin units from the March 5 purchase, 85 units from the March 18 purchase, and 125 units from the March 25 purchase Step by Step Solution
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