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please help with all parts of this accounitng question for homework and answers thank you ! Required information [The following information applies to the questions
please help with all parts of this accounitng question for homework and answers thank you
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. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (4 specific identification. For Date March March March March March March Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Units Acquired at Cost 1 5 9 18 25 29 190 units 270 units 130 units 240 units 830 units $52. $57. $62. $64. 80 80 80 80 per per per per unit unit unit unit Units Sold at Retail 350 units @ $87.80 per unit 220 units @ $97.80 per unit 570 units specific identification, units sold include 110 units from beginning inventory, 240 units from the March 5 purchase, 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. Weighted Perpetual FIFO Perpetual LIFO Average Specific ld Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 110 units from beginning inventory, 240 units from the March 5 purchase, 90 units from the March 18 purchase, and 130 units from the March 25 purchase. Specific Identification Goods Available for Sale Cost of Goods Sold Ending Inventory Date March 1 March 5 March 18 March 25 Total # of units 190 270 130 590 Cost per unit $ 52.80 57.80 62.80 Cost of Goods # of units Available for sold Sale Cost per unit $ 52.80 57.80 62.80 Cost of Goods Sold 10,032 15,606 8,164 33,802 o o # of units in ending inventory 190 270 460 Cost per unit $ 52.80 57.80 62.80 0.00 Ending Inventory 10,032 15,606 25,638 < Weighted Average Specific ld
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