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Help ASAP please Required information The following information applies to the questions displayed below. Warnerwoods Company uses a perpetuel inventory system. It entered into the
Help ASAP please
Required information The following information applies to the questions displayed below. Warnerwoods Company uses a perpetuel inventory system. It entered into the following purchases and sales transactions for March. Har. 1 Beginning inventory 230 units $53.60 per unit 290 unice$58.60 per unit Mar. 5 Purchase Har. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 390 units 88.60 per unit 150 unita $63.60 per unit 280 unitse 65.60 per unit 260 unicee $98.60 per unte Totals 950 units 650 uni 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 130 units from beginning inventory and 260 units from the March 5 purchase; the March 29 sale consisted of 110 units from the March 18 purchase and 150 units from the March 25 purchase. Complete this questions by entering your answers in the below tabs. al FIFO Perpetual LIFO Weighted Average Specific ld Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO Step by Step Solution
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