! Required information [ The following information applies to the questions displayed below. ] Warnerwoods Company uses...
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Required information
The following information applies to the questions displayed below.
Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March.
For specific identification, units sold include ?units from beginning inventory, ?units from the March ?purchase, ?units from the March ?purchase, and ?units from the March ?purchase.
?Compute the cost assigned to ending inventory using
a ?FIFO,
b ?LIFO,
c ?weighted average, and
d ?specific identification.
Note: Round your "average cost per unit" to ?decimal places.
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