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for March. Date March 1 Activities Beginning inventory Purchase Sales Units Acquired at Cost 160 units @ $52.20 per unit 255 units @ $57.20

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for March. Date March 1 Activities Beginning inventory Purchase Sales Units Acquired at Cost 160 units @ $52.20 per unit 255 units @ $57.20 per unit 115 units @ $62.20 per unit 210 units @ $64.20 per unit Units Sold at Retail 320 units @ $87.20 per unit March 5 March 9 March 18 Purchase March 25 Purchase March 29 Sales Totals 740 units 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, 190 units @ $97.20 per unit 510 units (c) weighted average, and (d) specific identification. For specific identification, units sold include 95 units from beginning inventory, 225 units from the March 5 purchase, 75 units from the March 18 purchase, and 115 units from the March 25 purchase. Che

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