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Help Required information {The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases

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Help Required information {The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Date Activities Beginning Mar. 1 inventory Units Sold at Retail Units Acquired at Cost 170 unit. $52.40 per unit 260 units $57.40 per unit Mar. 5 Purchase Mar. 9 Sales 330 units $87.40 per unit Mar. 18 Purchase 120 units unit nit @ $62.40 per Mar. 25 Purchase 220 units $64.40 per unit Mar. 29 Sales 200 units @ $97.40 per unit 530 units Totals 770 units Windows Required information Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased # of Cost per units unit Cost of Goods Sold Cost per Cost of Goods Sold Cost per Cast of Goods Sold unit COST OF 90005 501 of units sold Date O Inventory Balance of unite Cost per Inventory of units s nit Balance 170 @ $52.40 = $ 8,908.00 March 1 March 5 March 9 March 18 Windows Required information Perpetual FIFO Perpetual go Weighted Average Specific Id Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Goods Purchased of Cost per units unit Cost of Goods Sold Cost per cost of Goods Sold unit Date of units sold Inventory Balance of units Cost per inventory unit Balance 170 @ $52.40 = $ 8,908.00 March 1 March 5 March 9 March 18 and Windows Required information Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places Weighted Average Perpetual: Goods Purchased of Date Gost per units unit March 1 Cost of Goods Sold of units Cost per Cost a Gande Sold sold Inventory Balance of units Inventor Balance 170 @ $52.40 = $ 8,908.00 March 5 Average March 9 March 18 Average March 25 Required information Perpetual FIFO Perpetual LIFO Weighted Average Specified Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted and 230 units from the March 5 purchase; the March 29 sale consisted of 80 units from the March 18 purchase and 120 units in Specific Identification: Goods Purchased Date # of Cost per units unit 1 March 1 Inventory Balance #of units sold Cost of Goods Sold Cost per Cost of Goods unit Sold # of units Cost per Inventory Balance $ 52.40 = $ 8,908.00 170 @ March 5 March 9 March 18 d Windows

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