mework Saved [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 1 Beginning inventory Mar. Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 220 units @ $53.40 per unit 285 units @ $58.40 per unit 145 units @ $63.40 per unit 270 units @ $65.40 per unit 920 units Units Sold at Retail 380 units @ $88.40 per unit 250 units@ $98.40 per unit 630 units Help 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 FIFO. Perpetual FIFO: March 1 Inventory Balance Cost per unit $ 53.40 Inventory Balance $ 11,748.00 Goods Purchased Cost of Goods Sold Date # of units Cost per unit # of units sold Cost per Cost of Goods Sold # of units unit 220 @ March 5 March 9 < Prev 6 of 7 Next >