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 190 units @ $52.80 per unit 270 units @ $57.80 per unit 350 units @ $87.80 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 130 units @ $62.80 per unit 240 units @ $64.80 per unit 220 units @ $97.80 per unit 570 units 830 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 110 units from beginning inventory and 240 units from the March 5 purchase; the March 29 sale consisted of 90 units from the March 18 purchase and 130 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. March 9 March 18 March 25 March 29 Totals 0.00 Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Cost of Goods Sold Goods Purchased # of Cost per units unit Date # of units sold Cost per cost of Goods Sold unit Inventory Balance # of units Cost per inve unit Balance 190 @ $ 52.80 = $ 10,032.00 March 1 March 5 March 9 March 18 March 25 Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Inventory Balance ance Weighted Average Perpetual: Goods Purchased Date # of Cost per units unit March 1 Cost of Goods Sold # of units Cost per cost of Go Cost per Cost of Goods Sold sold # of units 190 @ cost per Inventory Balance $ 52.80 = $ 10,032.00 March 5 Average March 9 March 18 Average March 25 Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 110 units from beginning and 240 units from the March 5 purchase; the March 29 sale consisted of 90 units from the March 18 purchase and 130 units from the March 25 purchase. Specific Identification: Goods Purchased Date # of Cost per units unit March 1 # of units sold Cost of Goods Sold Cost per Cost of Goods unit Sold Inventory Balance # of units Cost per Inventory Balance unit 190 @ $ 52.80 = $ 10,032.00 March 5 March 9 March 18 March 18 March 25 March 29 Totals $ 0.00