! 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. Date Units Sold at Retail Activities Beginning inventory Purchase Units Acquired at Cost $52.80 per unit March 1 March 5, 190 units 270 units @ $57.80 per unit March 9 Sales 350 units $87.80 per unit March 18 Purchase 130 units 240 units March 25 $62.80 per unit $64.80 per unit Purchase March 29 Sales 220 units @ $97.80 per unit 570 units Totals 830 units 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 110 units from beginning inventory, 240 units from the March 5 purchase, 90 units from the March 18 purchase, and 130 units from the March 25 purchase