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h 5:week seven Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March Units Acquired at Cost

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h 5:week seven Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March Units Acquired at Cost 200 unitse $53.00 per unit 275 units @ $58.00 per unit Units sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 360 unitse $88.00 per unit 135 units @ $63.00 per unit 250 unitse $65.00 per unit 230 units & $98.00 per unit 590 units 860 units 3. Compute the cost assigned to ending Inventory using (a) FIFO, (O) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sate consisted of 115 units from beginning inventory and 245 units from the March 5 purchase; the March 29 sale consisted of 95 units from the March 18 purchase and 135 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending Inventory using FIFO. Perpetual FIFO: Goods Purchased #of units unit Cost per Cost of Goods Sold Cost per Cost of Goods Sold unit Inventory Balance # of units Inventory unit Balance # of units sold Cost per Date ANA

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