FIFO, LIFO, Weighted Average and Specific Id

Wamerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail Units Acquired at Cost 100 units $50.00 per unit 400 units @ $55.00 per unit Date Activities Mar 1 Beginning inventory Mar 5 Purchase Mar 9 Sales Mar 18 Purchase Mar 25 Purchase Mar 29 Sales Totals 420 units@ $85.00 per unit 120 units $60.00 per unit 200 units $62.) per unit 160 units@ $95.00 per unit 580 units 320 units Problem 5-1A Part 3 3. Compute the cost assigned to ending Inventory using () FIFO (O) LIFO. (e) weighted average, and (d) specific identification. For specific Identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 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 Firo Perpetual LIFO Weighted Specificid Average Compute the cost assigned to ending inventory using FIFO, Perpetual FIFO Goods Purchased w of Cost per units unit Cost of Goods Sold Cost per Cost of Goods Sold unit Date of units sold of units Inventory Balance Cost per Inventory unit Balance 350.00 $ 5.000.00 March 1 100 March 5 March March 18