Problems - Chapters 4 and 5 i Saved Help Save & Exit Submit 5 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. Part 2 of 2 Date Activities Units Acquired at Cost Units Sold at Retail Mar . 1 Beginning inventory 240 units @ $53.80 per unit Mar . 5 Purchase 295 units @ $58.80 per unit 5 Mar . 9 Sales 400 units @ $88.80 per unit points Mar. 18 Purchase 155 units @ $63.80 per unit Mar. 25 Purchase 290 units @ $65.80 per unit Mar. 29 Sales 270 units @ $98.80 per unit 01:45:56 Totals 980 units 670 units eBook References 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 135 units from beginning inventory and 265 units from the March 5 purchase; the March 29 sale consisted of 115 units from the March 18 purchase and 155 units from the March 25 purchase. Complete this questions by entering your answers in the below tabs. Perpetual FIFO Perpetual LIFO Weighted Average Specific IdG Perpetual FIFO| Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to Ending inventory using FIFO . Part 2 Of 2 Perpetual FIFO : Goods Purchased Cost of Goods Sold Inventory Balance 5 Date # of Cost per # of units Cost per Cost of Goods Cost per Inventory points units unit sold unit Sold # of units unit Balance March 1 240 | [0] $ 53. 80| =\\ $3 01:41: 14 12. 912.00 March 5 $ 58. 80 2.95 $ 53. 80 | =\\ 15 , 871.00 295| $ 58. 80 17 . 346.00 = BOOK` REFERENCES 33, 217.00 March 9 100| [) $ 53.80 = $ 5, 380.00 100 1 $ 53. 80 | =\\ $5. 380.00 100 | $ 58.80 5. 880.00 400| $ 58.80 23.520.00 11 , 260.00 28.900.00 March 18 155| @ | $63.80 $ 53.80 $ 58.80 @ ) $ 63.80 | March 25 ELN