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

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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.
\table[[Date,Activities,Units,Acquired at Cost,Units Sold at Retail],[March 1,Beginning inventory,250 units,@ $54.00 per unit,],[March 5,Purchase,300 units,@ $59.00 per unit,],[March 9,Sales,,,410 units @ $89.00 per unit],[March 18,Purchase,160 units,@ $64.00 per unit,],[March 25,Purchase,300 units,@ $66.00 per unit,],[March 29,Sales,,,280 units @ $99.00 per unit],[Totals,1,010 units,,690 units]]
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.
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