Problem 6-1A (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. Date Activities March 1 March 5 March 9 Beginning inventory Purchase Sales Units Acquired at Cost 200 units @ $53.00 per unit 275 units @ $58.00 per unit Units Sold at Retail 360 units @ $88.00 per unit March 18 Purchase March 25 Purchase 135 units @ $63.00 per unit 250 units @ $65.00 per unit March 29 Sales Totals 860 units 230 units @ $98.00 per unit 590 units Problem 6-1A (Algo) Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold include 115 units from beginning inventory, 245 units from the March 5 purchase, 95 units from the March 18 purchase, and 135 units from the March 25 purchase.