Required informatio [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 Activities Units Acquired at Cost 70 units e $50.40 per unit 210 units $55.40 per unit Units Sold at Retail Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 230 units $85.40 per unit 70 units $60.40 per unit 120 units $62.40 per unit 100 units a $95.40 per unit 330 units Totals 470 units 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 50 units from beginning inventory and 180 units from the March 5 purchase; the March 29 sale consisted of 30 units from the March 18 purchase and 70 units from the March 25 purchase Perpetual FIFO: Goods Purchased Cost of Goods Sold Inventory Balance #of units Cost per unit # of units sold Cost per unit Cost of Goods Sold Cost per unit Inventory Balance Date # of units March 1 70 50.403,528.00 |$3,528.00 - 11,634.00 March 5 210@ |= 55.40 50.40 21055.40 15,162.00 7050.4 16055.40 March 9 50.403,528.00 50.40 8,864.00 | 50 |@ 'es.40 2,770.00 $2,770.00 12,392.00 7060-40 50.402,520.00 3,878.00 4,228.00 10.626.00 March 18 55.40 | 7060.4 60.40 50.40$2,520.00 55.403,878.00 - 7,248.00 12062.40 March 25 120 60.40 62.40 13,646.00 50.402,520.00 2,770.00 3,020.00 3,120.00 50.40 55.40 60.40 6240 March 29 5055.40 5060.40 5062.40 11,430.00 23,822.00 Totals