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Problem 6-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below) Warnerwoods Company uses a perpetual inventory system. It

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Problem 6-1A 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 Units Acquired at Cost Units Sold at Retail Mor 1 Beginning inventory 190 units o $52.80 per unit Mar. 5 Purchase 270 units o $57.80 per unit Mar 350 units o $87.80 per unit 18 Purchase 130 units o $62.80 per unit 240 units @ $64.80 per unit 220 units $97.80 per unit 570 units 9 Sales Mar Mar. 25 Purchase Mar 29 Sales Totals 830 units 3. Compute the cost assigned to ending inventory using a PIFO. () LIFO. (c) weighted average and specific identification For specification, the Marchesalecond of 10 units from being inventory and 240 units from the March 5 purchase, the March 29 sale contedol 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. Perpetual Fifo Perpetual LIFO Weighted Average Spedinicio Compute the cost assigned to ending inventory using FIFO Perpetual FIFO Goods Purchased Cost of Goods Sold of Date Coster Wof units Cost per cost of Good Sold unit sold unit March 1 March 5 tory Balance unit Inventory uni Balance 100 352.00 51003200 March 9 March 18 March 25 March 29 Weighted Perpetual FIFO Perpetual LIFO Average Specific Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased Cost of Goods Sold # of Dato of units Cost per units unit sold unit Cost of Goods Sold March 1 March 5 Cost per Inventory Balance Cost per Inventory # of units Balance 190 $ 52.80 = $ 10,032.00 unit March 9 March 18 March 25 March 29 Totals Septia Perpetual LIFO >

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