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 10 Date Activities Mar. 1 Beginning inventory MAE. 5 Purchase MAE. 9 sale Mar. 18 Duran Mar. 25 Turebasa Mar. 29 Sales Total Med Cont 100 unite 350.00 per unit 400 units .055.00 per unit 120 units360.00 per wit 200 unitat 162.00 per unit 420 units 585.00 per unit 820 units 160 unit. 395.00 per unit 500 unite 3. Compute the cost assigned to ending Inventory using (a) FIFO, (D) UFO. (c) weighted average, and (d) specific Identification. For specific 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. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (d) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase March 29 sole consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO, Weighted Average Specific to Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased Cost of Goods Sold Da # of Cont of units Cost units Cost of Goods Sold per un sold per unit March 5 400 $55.00 Inventory Balance Inventory Cost per of units unit Balance 100 $50.00 $ 5,000,00 100 $50.00 $ 5.000.00 4001 $ 55.00 22.000.00 $ 27,000.00 $50.00 80 $ 55.00 4,400.00 5. 4,400.00 March 9 $ 100 320 $50.00 - $55.00 5,000.00 17,500.00 22.500.00 'S March 18 120 $60.00 80 1201 $50.00 $ 55.00 5 60.00 4,400.00 7,200.00 $11.600.00 March 25 200 562.00 80 120 550.00 $ 55.00 560.00 - 50200 4,400.00 7.200.00 5 11.600.00 March 29 B0 B0 ele 550.00 - $55.00 $60.00 562.00 4.400.00 4.800.00 0.00 9.200.00 31 800.00 $50.00 $ 55.00 $ 60.00 56200 40 200 $ 2.400.00 12.400.00 $ 14,800.00 $ 14,800.00 Towa 5 Perpetual LIFO >