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 Units sold at Retail Units Acquired at Cost 100 units $70.00 per unit 400 units $75.00 per unit 420 unitse $105.00 per unit Date Activities Mar 1 Beginning inventory Mar. 5 Purchase Mar 9 Sales Mar. 18 Purchase har - 25 Purchase Mar 20 sales Totals 120 units $10.00 per unit 200 units $82.00 per unit 160 units $115.00 per unit 550 units 820 units 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 sole 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. antering your answers in the tabs below. 3. Compute the cost assigned to ending inventory using (a) FIFO (D) 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 Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific id Compute the cost assigned to ending Inventory using specific Identification. For specific identification, the March 9 sale consisted of 80 units from beginning 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. Specific Identification Goods Purchased Cost of Goods Sold Inventory Balance Cost per w of units Cost per Cost of Goods Date Cost per Inventory Banco unit unit of units Sold unit March 1 1001 $ 70.00 $ 7.000.00 March 5 Wor sold Required information UT CE 010 SOT March 1 100 $ 70.00 S 7,000.00 4 March 5 March 9 ol March 18 March 25 March 20 $ 0.00 ORI 2 E A