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Perpetual Perpetual Weighted Specific Id FIFO LIFO Average Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consist units from beginning inventory and 225 units from the March 5 purchase; the March 29 sale consisted of 75 units from the Ma purchase and 115 units from the March 25 purchase. Show Specific Identification: Cost per unit Cost #of units # of units sold Cost per unit Cost of Inventory Balance Date # of units pe Goods Sold unit March1 160 28352.00 March 5 25557.20 52.20 57.20 March 9 320 March 18 11562.20 62.20 March 25 210 64.20 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 Units Acquired at Cost 160 units unit Units Sold at Retail Date Mar. 1 Mar. 5 Purchase Mar. 9 Sales Mar.18 Purchase Mar. 25 Purchase Mar. 29 Sales Activities e $52.20 per Beginning inventory units unit 2 $57.20 per 320 units unit $87.20 per 115 units unit $62.20 per per 210 units $64.20 unit per 190 units $97.20 unit Totals 740 units 510 units 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 95 units from beginning inventory and 225 units from the March 5 purchase; the March 29 sale consisted of 75 units from the March 18 purchase and 115 units from the March 25 purchase Complete this questions by entering your answers in the below tabs. Perpetual Perpetual Weighted Specific Id FTFn