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Required information Problem 5-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below] Warnerwoods Company uses a perpetual inventory

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Required information Problem 5-1A 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. Problem 5-1A Part 3 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 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 Compute the cost assigned to ending inventory using FIFO. Compute the cost assigned to ending inventory using LIFO. Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places. Compute the cost aswigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of bo units from beginning imventory 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

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