Required Information Problem 6-1A Perpetual: Altemative 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. Date Activities Mar. 1 Beginning inventory Mar 5 Purchase Mari 9 Sales Units Acquired at Cost 210 units@ $53.20 per unit 280 units @ $58.20 per unit Units Sold at Fetail 370 units @ 588,20 per unit 140 units @ $63.20 per unit 260 units @ $65.20 per unit Totals 890 units 240 units @ $98.20 per unit 610 units Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Problem 6-1A Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO. (b) LIFO, (c) weighted average, and (c) specific identification For specific identification, the March 9 sale consisted of 120 units from beginning inventory and 250 units from the March 5 purchase, the March 29 sale consisted of 100 units from the March 18 purchase and 140 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 weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual Goods Purchased Cost of Goods Sold Date: # of units Cost per unit of units soldi Cost per unit Cost of Goods Sold of units March 11 March 5 Average March 9 March 18 Average March 25 March 29 Totals Inventory Balance Cost per unit Inventory Balance 210 $53.20 $ 11,172.00 5 000