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ework S. Help Save & Chi Required information The following information applies to the questions displayed below) Warnerwoods Company uses & perpetual inventory system itentered

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ework S. Help Save & Chi Required information The following information applies to the questions displayed below) Warnerwoods Company uses & perpetual inventory system itentered into the following purchases and sales- transactions for March Units Soldat Retas Units Roured at Cost 100 units 550 per unit e unit 555 per unit Date March 1 arch March 9 March 16 March 25 March 20 420 units 2565 per unit Activities Begioning inventory Purchase Sales Purchase Purchase Sales Totais 122 unit 200 nits se per unit 562 per unit 595 per unit 160 units 58e units 82 units 3. Compute the cost assigned to ending inventory using (2) FIFO (OF LIFO (9 weighted average, and a specific identification For specific Identification units sold include 80 units from beginning inventory, 340 units from the March 5 purchase. 40 units from the March 18 purchase, and 120 units from the March 25 purchase Complete this question by entering your answers in the tabs below. Perpetual FIFO perpetual LIFO Weighted Average Specific lo Compute the cost assigned to ending inventory using FIFO Goods Purchased Doro Cost per Cost of Goods Sold Coster Cost of Goods Sold of units sold March 100 Inventory Balance Cost per ventory Balance $ 50.00 $ 5.000.00 5.50 00 $ 5500 400 55500 March 5 Total Match 5 (March Total 1201 560.00 Perpetual FIFO: Cost of Goods Sold Date Goods Purchased Cost per # of units unit Cost per # of units sold Cost of Goods Sold unit Inventory.Balance Cost per # of units uni Inventory Balang 100 S16000 5,000.0 March 1 400 at $55,00 0 at March 5 $50.00 $155.00 BIC Total March 5 March 9 Total March 9 120 at $ 60.00 March 18 16000 Total March 18 2007562.00 March 25 S16000 1582.00 Total March 25 March 20 Total Match 29 Total 0.00 0.00 Required information Perpetual Fifo Perpetual LIFO Weighted Average Specificid Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO Cost of Goods Sold Cost per unit Cost of Goods Sold Goods Purchased Cost per of units unit Date of units sold Inventory Balance Cost per # of units unit Inventory Balance 100 at $50.00 $ 5.000.00 March 1 March 5 Total Watch 5 March Total March March 18 Total March 18 March 25 Total March 25 March 29 Total March 29 Totals 5 0.00 Inventory Balance Goods Purchased Cost per of units unit Weighted Average Perpetual: Cost of Goods Sold # of units Cost per sold unit Cost of Goods Sold Cost per of units until Inventory Balance March 1 SE OS15.000.00 Match 5 Average March 5 March March 18 Average March 18 March 25 Average March 25 March 29 Totals S 0.00 Perpetual LIFO Specific ld Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 80 units from begi 5 purchase, 10 units from the March 18 purchase, and 120 units from the March 25 purchase. Specific identification: Goods Purchased Cost of Goods Sold Inventory Balance Cost per Goods w of units Cost per cost of Goods Sold of units Cost per inventory Balance Puchased sold unit unit Maront 100 550.00 $ 5 000 550.00 $ 0.00 at 55000 5 0.00 March 5 400 at $ 5500 22.000 $ 55.00 ot 5.55.00 ht 1201 500.00 7200 ot 50000 0.00 5 60.00 000 March 25 200 302.00 512 400 al $52.00 562.00 Total 0.00 5 0.00 ( Weighted Average

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