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please help on question 8 Required information The following information applies to the questions displayed below) Warnerwoods Company uses a periodic inventory system. It entered

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Required information The following information applies to the questions displayed below) Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March Unit Sold at Retail ENI uked Cost 185 unito 75 per unit 285 units $80 per unit Mar. Date Activities Hat 1 Beginning inventory Na 5 Purchase Sales MA Purchase Mar 25 Purchase 29 Sales Totals 505 units $110 per unit 290 unit 85 paunit 370 units $87 per unit 330 units $120 per unit 835 unite 1,330 units For specific identification, the March 9 sale consisted of 40 units from beginning inventory and 465 units from the March 5 purchase; the March 29 sale consisted of 125 units from the March 18 purchase and 205 units from the March 25 purchase 3. Compute the cost assigned to ending inventory using (a) FIFO. (b) LIFO. (c) weighted average, and (d) specific identification (Round your average cost per unit to 2 decimal places.) ME Required information Punde FIFO Cast of Bold Ending on corto Ale Cont of of an Coat per Boods unit Available for Sale $ 0 of ant hold Costa Cost of Goods Sald CU of units In ending Inventory Coat per Ending Inventory $ 0.00 0 5 0.005 0 Beginning inventory Purchases March 5 March 18 March 25 Total 30.00 $ 0.00 0 0 0 0 $ 0.00 $ 0.00 $ 0.00 0 0 0 0 Perlede UFO Cost of Goods Sold Contot Ooods Avaliable for sale Cost of of units Cost per Goods Unit Available for Sale af units Cost per sola UH Cost of Goods Sald Ending intory of units In ending Cost per Ending Inventory Inventory $ Beginning inventory Purchases March Mach 18 March 25 Average cost Cost of Goods Sold Cast of Goods Available for Sale Cost of Average Goods of units Cost per unit Available for Sale Average Center Unit of units sold Cost af Goods Sold Ending Inventory of units Average Ending In ending Cost per Inventory Inventory un Beginning inventory Purchase March 5 March 16 March 25 Total $ d d) Specific Identication Coat of Ooods Available for Sale Cost of Goods Sold Ending Inventory Cost per Cont per unit Bol units Cont of Goode Available for Sale of units sold Cost per unit Coat of Goods Seid of units in wnding Inventory Ending Inventory S $ 0 0 0 Beginning wventory Purchase Maron March 18 March Total 0

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