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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.

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

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3. Compute the cost assigned to ending inventory using (d) FIFO, (C) LIFO, (C) weighted average, and ( G ) specific identification For specific identification, units sold include 140 units from beginning inventory. 270 units from the March 5 purchase, 120 units from the March 18 purchase, and 160 units from the March 25 purchase. Complete this question by entering vour answers in the tabs below. Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 140 units from beginn units from the March 5 purchase, 120 units from the March 18 purchase, and 160 units from the March 25 purchase. 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 140 units from beginning inventory, 270 units from the March 5 purchase, 120 units from the March 18 purchase, and 160 units from the March 25 purchase Note: Round welghted overage cost per unit to two decimals ond final answers to nearest whole dollar. Required Information Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below] Warnerwoods Company uses \$perpetual inventory system. It entered into the following purchases and sales transactions for March Problem 6-1A (Algo) Part 3 Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places

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