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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 purchases and

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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 purchases and sales transactions for March Datel ActivitiesUnits Acquired at Coat Units Sold at Retail 100 units $50.00 per 400 units unit Beginning Mar. 1 Mar. 5 Purchase Mar. 9 Sales Mar.18 Purchase Mar-25 Purchase Mar. 29 Sales unit e sss:00 per 420 units $85.00 per unit 120 unitg e s60.00 200 units unit per unit 0 $62.00 per 160 units $95.00 per unit Totals 820 units 580 units 3. Compute the cost assigned to ending inventory using (a)FIFO. DLIFO, ic weighted average, and (d) specific identification. For specinic identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase

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