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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales

transactions for March.

Compute the number of units in ending inventory.

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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.

$\backslash$table$[[$Date$,$Activities,Units Acquired at Cost,Units Sold at Retail$],[$March $1,$Beginning inventory,$140$ units,@ $$51\mathrm{.}80$ per unit,$],[$March $5,$Purchase,$245$ units,$($ $$56\mathrm{.}80$ per unit,$],[$March $9,$Sales,,,$300$ units @ $$86\mathrm{.}80$ per unit$],[$March $18,$Purchase,$105$ units,a $$61\mathrm{.}80$ per unit,$300$ units $$86\mathrm{.}80$ per unit$],[$March $25,$Purchase,$190$ units,@ $$63\mathrm{.}80$ per unit,$],[$March $29,$Sales,,,$170$ units @ $$96\mathrm{.}80$ per unit$],[,$Totals,$680$ units,,$470$ units$]]$

Compute the cost assigned to ending inventory using $($a$)$ FIFO, $($b$)$ LIFO, $($c$)$ weighted average, and $($d$)$ specific identification. For specific identification, the March $9$ sale consisted of $85$ units from beginning inventory and $215$ units from the March $5$ purchase; the March $29$ sale consisted of $65$ units from the March $18$ purchase and $105$ units from the March $25$ purchase.

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

$\backslash$table$[[$Perpetual FIFO Perpetual LIFO

$\backslash$table$[[$Weighted$],[$Average$]]]]$

Compute the cost assigned to ending inventory using FIFO.