Required information (The following information applies to the questions displayed below] Warnorwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Activities Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Units Acquired at Cost 100 units @ $65.00 per unit 400 units @ $70.00 per unit 120 units @ $75.00 per unit 200 units @ $77.00 per unit Totals 820 units Units Sold at Retail 420 units $100.00 per unit 160 units $110.00 per unit 580 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 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. Complete this question by entering your answers in the tabs below. Date March 1 Goods Purchased # of units Cost of Goods Sold Inventory Balance Cost per unit # of units Cost per Cost of Goods # of units sold unit Sold unit Cost per Inventory Balance 100 $65.00= $ 6,500.00 March 5 400 @ $65.00 100 @ $65.00= $ 6,500.00 400 @ $65.00 = 26,000.00 $ 32,500,00 March 9 100 @ 340 @ $65.00- $65.00 $ 6,500.00 22,100.00 $ 28,600.00 100 $65.00= S 6,500.00 100 @ $65.00 $ 6,500.00 $ 13.000.00 March 18 120 @ $75.00 100 $65.00- 100@ $65.00 = 120 $75.00 $ 6,500.00 6,500.00 9,000.00 March 25 March 29 Totals 5 28.600,00