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Compute the cost assigned to ending inventory using LIFO. Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include
Compute the cost assigned to ending inventory using LIFO. Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 60 units from beginning inventory, 190 units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the March 25 purchase. Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places. Comnute the rnat accinned to endinn inventorv ucinn FIFn 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. Compute the cost assigned to ending inventory using (a). FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For ecific identification, units sold include 60 units from beginning inventory, 190 units from the March 5 purchase, 40 units from the rch 18 purchase, and 80 units from the March 25 purchase
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