$!$

Required information

$[$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.

$3.$ 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 $140$ units from beginning inventory, $270$ units from the March $5$ purchase, $120$ units from the March $18$ purchase, and $160$ units from the March $25$ purchase.

Complete this question by entering your answers in the tabs below.

Assessment Tool iFrame

petual FIFO

Perpetual LIFO

Weighted

Average

Specific Id

mpute the cost assigned to ending inventory using FIFO.

$\backslash$table$[[$Perpetual FIFO:$],[$Date$,$Goods Pu$,,$Cost of Goods Sold,Inventory$\_$Balance$],[$# of units,$\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$# of units$],[$sold$]],\backslash$table$[[$Cost per$],[$unit$]],$Cost of Goods Sold,# of units,$\backslash$table$[[\backslash$table$[[\backslash$table$[[$Cost per$],[$unit$]]],[$$$54\mathrm{.}0$