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Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P1 The following information applies fo the questions displayed below] Warnerwoods Compary uses a perpetual
Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P1 The following information applies fo the questions displayed below] Warnerwoods Compary uses a perpetual inventory system. It entered into the following purchases and sales transections for March. Problem 5-1A (Algo) Part 3 3. Compute the cost assigned to ending invenpory using (A) FIFO, (C) LFO, (C) weighted average, and idf specific idenotication. For specific idemification, units sold include 120 units from beginning inventory. 250 units from the March 5 purchase, 100 units from the Specific idemiscation, units sold include 18 purchase, and 140 units from the March 25 purchase. Required information Required information Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places. Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 120 units fro units from the March 5 purchase, 100 units from the March 18 purchase, and 140 units from the March 25 purchase
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