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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

image text in transcribed 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. Compute the cost assigned to ending inventory using ( a ). FIFO, (b) LIFO, (c) weighted average, and ( d ) specific identification. For oecific identification, units sold include 130 units from beginning inventory, 260 units from the March 5 purchase, 110 units from the larch 18 purchase, and 150 units from the March 25 purchase

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