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HIC FUNUITY WORTOLUIT OPPcs LU UC YUSUNIS payCU UCHUW. Help Save Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and

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HIC FUNUITY WORTOLUIT OPPcs LU UC YUSUNIS payCU UCHUW. Help Save Warnerwoods 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 80 units @ $50.60 per unit 215 units @ $55.60 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 240 units @ $85.60 per unit 75 units @ $60.60 per unit 130 units @ $62.60 per unit 500 units 110 units@ $95.60 per unit 350 units 3. Compute the cost assigned to ending inventory using (a) FIFO, (D) LIFO. (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 55 units from beginning inventory and 185 units from the March 5 purchase, the March 29 sale consisted of 35 units from the March 18 purchase and 75 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 weighted average. (Round your average cost per unit to 2 decimal places.) Required information 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 weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance # of Cost per # of units Cost Date per unit Cost of Goods Sold units # of units sold unit unit Inventory Balance March 1 80 550.60 - $ 4,048.00 March 5 Cost per Average March 9 March 18 Averago Saved Help Required information Date #of units Cost per # of units sold Cost per Cost of Goods Sold Cost per unit unit # of units March 1 March 5 unit Inventory Balance $ 50.50 = $ 4,048 00 80 @ Average March 9 March 18 Average March 25 March 29 Totals $ 0.00

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