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Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below] Warnerwoods Company uses a perpetual Inventory

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Problem 5-1A (Algo) 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. Units Sold at Retall Date March 1 March 5 Activities Beginning inventory Purchase Units Acquired at Cost 240 units 205 is March 91 Sales March 18 Purchase March 25 Purchase $53.00 per unit $58.80 per unit 15% its $63.00 per unit 290 105.00 per unit 400 units March 29 470 units Totals Problem 5-1A (Algo) Part 3 3. Compute the cost assigned to ending inventory using ( FIFO, a LIFO, (o weighted average, and (d) specific identification. For specific identification, units sold include 135 units from beginning inventory 265 units from the March 5 purchase, 115 units from the March 18 purchase, and 155 units from the March 25 purchase Complete this question by entering your answers in the tabs below.

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