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just need help with Specific ID Required information The following information applies to the questions displayed below) Warnerwoods Company uses a perpetual inventory system. It

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just need help with Specific ID
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 Sold at Retail Units Acquired at Cost 220 units $53.40 per unit 285 units @ $58.40 per unit 380 units @ $88.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purehase Mar. 25 Purchase Mar. 29 Sales Totals 145 units $63.40 per unit 270 units @ $65.40 per unit 250 units 630 units $98.40 per unit 920 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 125 units from beginning inventory and 255 units from the March 5 purchase; the March 29 sale consisted of 105 units from the March 18 purchase and 145 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 specific identification. For specific identification, the March 9 sale consisted of 125 units from be and 255 units from the March 5 purchase; the March 29 sale consisted of 105 units from the March 18 purchase and 145 units from the March 25 pur Perpetual FIFO Perpetual LIFO Perpetual FIFO Perpetuar Weighted Specific Id Average Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 125 units from beginning inventory and 255 units from the March 5 purchase; the March 29 sale consisted of 105 units from the March 18 purchase and 145 units from the March 25 purchase. Specific Identification: Goods Purchased Cost per Date Cost of Goods Sold #of units Cost per cost of Goods Inventory Balance of units cost per Inventory Balance 220 @ $53.40 - $ 11.748.00 March 1 March 29

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