Required information compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased # of Cost per units unit Date # of units sold Cost of Goods Sold Cost per Cost of Goods Sold unit Inventory Balance Cost Inventory # of units per unit Balance March 1 $5,000.00 March 5 2003 400 @ 55.00 100 100 400 @ @ @ 6000 60.00 85.00 $5,000.00 22,000.00 27.000.00 March 9 20 @ 50.00 - $ 0 @ @ 80 1.000.00 4,400.00 5,400.00 60.00 5500 @ 5500 80 4.400.00 $ $ 4,400.00 March 18 120 @ 000 Obe 80 @ 120 @ 50.00 55.00 60.00 4,400.00 7,200.00 11.600.00 March 25 200 @ 62.000 4,400.00 0 80 120 @ le 50.00 65.00 len 7.200.00 Les not ind 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 Units Acquired at Cost 100 units $50.00 per unit 400 units @ $55.00 per unit Unit Sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase ME, 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totala 420 unita $85.00 per unit 120 units 200 units 560.00 per unit 362.00 per unit 160 units 580 units $95.00 per unit 920 units 3. Compute the cost assigned to ending inventory using (a) FIFO. (6) LIFO. (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase Answer is not complete. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual Weighted Average Specific Id LIFO Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Prev 10 11 of 11 Next > ere to search