Part 3 of 4 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 15 Units sold Retail Date Activities Har1 Beginning Inventory Har Purchase Mar Sales Mar. 18 Purchase Har 35 Purchase Mar. 29 Sales Totals Units Acquired at cost 170 units 352.40 per unit 260 units 557,46 per unit 120 units 562.40 per unit 920 units $64.40 per unit 330 units 517.40 per unit ebo 770 wita 200 units 597.40 per unit 50 units 3. Compute the cost assigned to ending inventory using (FIFO (D) LIFO (c) weighted average and specific identification For specific identification, the March 9 sale consisted of units from beginning inventory and 230 units from arch 5 purchase, the March 29 sale consisted of 80 units from the March 18 purchase and 120 units from the March 25 purchase Complete this question by entering your answers in the tabs below. Weighted Perpetual Faro Perpetual LIFO Average Specific Compute the cost tigned to ending inventory uding Fro Petit FICO Goods Purchased Conto Goods Sold Costa Cost per cost of Goods Sold un sold March 1 Batory Balance Costa Inventory Balance 552 40 $ 3,908 00 170 March 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 ElEO: Goods Purchased Cost of Goods Sold ol # of units unit sold unit Cost of Goods Sold March 1 OOK Cost per Cost per Cost per Inventory Balince Inventory W of units unit Balance 170 @ $ 52.40 $ 8,908.00 Print March 5 ferences March 9 March 18 March 25 March 29 Totale 0001 art 3 of 4 Perpetual FIFO Perpetual LIFO Weighted Average Specific Id 5 ints Compute the cost assigned to ending Inventory using LIFO. Perpetual LIED: Goods Purchased Cost of Goods Sold ol Dato # of units Cost per cost of Goods Sold sold unit March 1 Cost per Cost per Inventory Balance of units Inventory Balance 170 $ 52.40 $8.908.00 unit Book March 5 March 9 References March 18 March 25 March 29 Total 000 Complete this question by entering your answers in the tabs below. Part 3 of 4 15 points Weighted Perpetual FIFO perpetual LIFO Average Specific id Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal placer.) Weighted Average Perpetual Goods Purchased Cost of Goods Sold Inventory. Balance of Date # of units Cost per cost of Goods Sold Cost per Inventory Balance units unit sold Wof units unit unit March 1 170 $ 52.40 $ 8,908,00 March 5 Book Cost per Print References Average March 9 - March 18 Average March 25 March 29 Totals 0.00 3 of 4 Weighted Perpetual FIFO perpetual LIFO Specific Id Average Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 100 unit and 230 units from the March 5 purchase, the March 29 sale consisted of 80 units from the March 18 purchase and 120 units from the Marc Specific Identification: Goods Purchased Cost of Goods Sold Inventory Balance Date W of Cost per # of units Cost of Goods # of units Cost per Inventory Balance sold unit Sold March 1 170 @ $ 52.40 $ 8,908.00 March 5 Cost per unit Book Print March 9 References March 16 March 25 March 29 Totals $ 0.00 ( Weighted Average
