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correcrt answer for imediate rating Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Unita Sold
correcrt answer for imediate rating Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Unita Sold at Retail Date Activitian Mar. 1 Reginning inventory Mar, 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Salon Totala Unita Aequired at Coat 90 units @ $50.00 per unit 220 unita e $55.80 per unit 80 units e $60.80 per unit 140 unita e $62.80 per unit 250 units @ $65.80 per unit 120 units @ $95.80 per unit 370 units 530 units Problem 6-1A Part 3 3. Compute the cost assigned to ending Inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific Identification. For specific identification, the March 9 sale consisted of 60 units from beginning Inventory and 190 units from the March 5 purchase; to March 29, sale consisted of 40 units from the March 18 purchase and BO units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual Fifo Perpetual LIFO Weighted Specific Id Average Compute the cost assigned to ending Inventory using FIFO. Perpetual FIFO: Goods Purchased Cost of Goods Sold #of Cost per # of units Date Cost per cost of Goods Sold units unit sold unit March 1 Inventory Balance of units Inventory unit Balance 90 $50.80 $ 4,572.00 Cost per March 5 2001 $55.00 $ 50.80
correcrt answer for imediate rating
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