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looking for help computing the Perpetual FIFO, Perpetual LIFO, weighted average, specific Id Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 {The following

looking for help computing the Perpetual FIFO, Perpetual LIFO, weighted average, specific Id image text in transcribed
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Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 {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 of 3 Units Sold at Retail Ook Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 190 units @ $52.80 per unit 270 units @ $57.80 per unit 130 units @ $62.80 per unit 240 units @ $64.80 per unit 350 units@ $87.80 per unit rint 830 units 220 units 897.80 per unit 570 units Problem 6-1A Part 3 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 110 units from beginning inventory and 240 units from the March 5 purchase; the March 29 sale consisted of 90 units from the March 18 purchase and 130 units from the March 25 purchase. Preu Required information 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 110 units from beginning inventory and 240 units from the March 5 purchase; the March 29 sale consisted of 90 units from the March 18 purchase and 130 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 Firo. Perpetual FIFO: Cost of Goods Sold Goods Purchased #of units unit Cost per # of units sold Cost per Cost of Goods Sold Inventory Balance Cost per Inventory N of units Balance 190 $52.80 $ 10,032.00 Date unit March 1 March 5 270 @ $ 57.80 190 @ 270 S52.80 $ 57.80 $ 10,032.00 15.606.00 $ 25,638.00 $ 4.635 841 1001 $ 52.801- $ March 9 5.280.00 87 Bol $ 52801 -

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