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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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[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 80 units from beginning inventory, 210 units from the March 5 purchase, 60 units from the March 18 purchase, and 100 units from the March 25 purchase.
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Perpetual FIFO Perpetual LIFO
\table[[Weighted],[Average]] Specific Id
Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 80 units from beginning inventory units from the March 5 purchase, 60 units from the March 18 purchase, and 100 units from the March 25 purchase.
\table[[Specific Identification],[Date,Goods Available for Sale,Cost of Goods Sold,Ending Inventory],[# of units,\table[[Cost per],[unit]],\table[[Cost of Good],[Available for],[Sale]],,\table[[# of units],[sold]],Cos,\table[[per],[it]],\table[[Cost of],[Goods Sold]],\table[[# of units],[in ending],[inventory]],Cos,\table[[per],[it]],,],[March 1,,,$,,,$,0.00,0,,$,0.00,$,0],[March 5,,,,of,,,0.00,0,,,0.00,,0],[March 18,,,,of,,,0.00,0,,,0.00,,0],[March 25,,,,0,,,,,,,0.00,,0],[Total,0,,$,0,0,,,$,0,,,$,0]]
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