connect perpetual inventory system. It entered into the following purchases and or March. (For specific identification, the March 9 sale consisted of 80 units from be- PROB Problem 6-1A Perpetual: Al cost flows P1 Warnerwoods sales transactions f Company uses a ginning inventory and 340 units the March 1 8 purchase and 120 units from the March 25 purchase.) Units Sold at Retail Date Activities Units Acquired at Cost ...100 units$50.00 per unit .. 400 units@$55.00 per unit 420 units @ $85.00 per unit Mar. 9 Sales 120 units$60.00 per unit 200 units $62.00 per unit $95.00 per unit 160 units 580 units Mar. 29 Sales... Totals.... Required 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (C) weighted average, and sa Check FFO, $14,800 513.680 WA S143 (d) specific identification. (Round all amounts to cents.) 4. Compute gross profit earned by the company for each of the four costing methods in part 3. $17980