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Required information Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below] Warnerwoods Company uses a perpetual
Required information Problem 6-1A (Algo) 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 6-1A (Algo) Part 3 8. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, ( c ) weighted average, and ( d ) specific identification. For pecific identification, units sold include 140 units from beginning inventory. 270 units from the March 5 purchase, 120 units from the larch 18 purchase, and 160 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using FiFO. Required information Problem 6-2AA (Algo) Periodic: Alternative cost flows LO P3 [The following information applies to the questions displayed below.] Warnerwoods Company uses a periodic inventory system. It entered into the foliowing purchases and sales transactions for March. For specific identification, units sold include 90 units from boginning inventory, 400 units from the March 5 purchase, 110 units from the March 18 purchase, and 190 units from the March 25 purchase. Problem 6-2AA (Algo) Part 3 Compute the cost assigned to ending inventory using (a) FFF, (b) LIFO, (c) weighted average, and (d) specific identification. lote: Round your "average cost per unit" to 2 decimal places
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