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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

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.
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.
Complete this question by entering your answers in the tabs below.
Compute the cost assigned to ending inventory using FIFO.
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