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. Units Sold at Retail Units Acquired at Cost 230 units @ $53.60 per unit 290 units a $58.60 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 390 units @ $88.60 per unit 150 units @ $63.60 per unit 280 units @ $65.60 per unit 260 units @ $98.60 per unit 650 units 950 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 130 units from beginning inventory and 260 units from the March 5 purchase; the March 29 sale consisted of 110 units from the March 18 purchase and 150 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. Bornotul IGO Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Cost of Goods Sold Goods Purchased # of Cost per units Date # of units Cost per cost of Goods Sold unit Inventory Balance Cost per # of units Inventory unit Balance 230 @ $53.60 = $ 12,328.00 unit sold March 1 March 5 March 9 March 18 March 25 March 29 March 9 March 18 March 25 March 29 Totals Perpetual FIFO Perpetual LIFO Perpetual LIFO: Goods Purchased # of Cost per units unit # of units Cost of Goods Sold Cost per unit Cost of Goods Sold Date Inventory Balance Cost per Inventory # of units Balance 230 @ $53.60 $ 12,328.00 sold unit March 1 = March 5 March 9 March 18 March 25 March 29 Totals March 1 230 @ $ 53.60 = $ 12,328.00 March 5 March 9 March 18 March 25 March 29 Totals