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Required information Skip to question [ The following information applies to the questions displayed below. ] Warnerwoods Company uses a perpetual inventory system. It entered

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[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 Units Acquired at Cost Units Sold at Retail
March 1 Beginning inventory 230 units @ $53.60 per unit
March 5 Purchase 290 units @ $58.60 per unit
March 9 Sales 390 units @ $88.60 per unit
March 18 Purchase 150 units @ $63.60 per unit
March 25 Purchase 280 units @ $65.60 per unit
March 29 Sales 260 units @ $98.60 per unit
Totals 950 units 650 units
3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold include 130 units from beginning inventory, 260 units from the March 5 purchase, 110 units from the March 18 purchase, and 150 units from the March 25 purchase.
PLEASE CORRECT THE VALUES THAT ARE CIRCLED IN RED IN THE PHOTO. PLEASE ONLY CORRECT! THANK YOU!
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