-- ! 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. Date March 1 March 5 March 9 March 18 Activities Beginning inventory Purchase Sales Units Acquired at Cost 120 units @ $51.40 per unit 235 units @ $56.40 per unit Purchase March 25 March 29 Purchase Sales Totals Units Sold at Retail 280 units @ $86.40 per unit 95 units @ $61.40 per unit 170 units @ $63.40 per unit 620 units 150 units @ $96.40 per unit 430 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 75 units from beginning inventory, 205 units from the March 5 purchase, 55 units from the March 18 purchase, and 95 units from the March 25 purchase.