Required information [The following information applies to the questions displayed below.) Wamerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March. Units Sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 70 units@ $50.40 per unit 210 units@ $55.40 per unit 70 units@ $60.40 per unit 120 units@ $62.40 per unit 230 units @ $85.40 per unit 100 units @ $95.40 per unit 330 units 478 units 3. 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 50 units from beginning inventory and 180 units from the March 5 purchase, the March 29 sale consisted of 30 units from the March 18 purchase and 70 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific la Compute the cost assigned to ending Inventory using FIFO. Perpetual FIFO: Goods Purchased Cost of Goods Sold Inventory Balance (Chapters 4-6) Seved Help Save & Exit Sut Required information Cost of Goods Sold Good Parched cost per units unit Cost per #of units sold Cont of Goods Sold Hof units exertory Balance Cost per inventory unt $50.40 $ 3,528.00 unit March 1 70 Match 5 March 9 March 18 Required information March 18 47 March 25 March 29 daly count for HS and MS (002 March 29 Totals $ 0.00 Perpetual FIFO Perpetual LIFO > Goods Purchased #of Cost per unit Cost of Goods Sold Cost per unit Cost of Goods Sold # of units sold Date inventory Billance Coolper Inventory of units Balanc 70 $50 40 = $ 3.528 00 March 1 March 5 March March 18 VIGTITO March 25 March 29 March 29 Totals 0.00 March 5 Average March 9 March 18 Average March 25 March 29 Totals 0.00 Specific Identification: Goods Purchased #01 Cost per Date units unit Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold Inventory Balance Cost per of units unit Inventory Balance 70 550 40 = $ 3528 00 4:40 March 1 March 5 March March 18 Required information March 18 March 25 March 29 March 25 March 29 Totals 0.00