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. Date Activities Units Acquired at Cost Units Sold at Retail March 1 March 5 Beginning inventory Purchase 230 units $53.60 per unit 290 units $58.60 per unit March 9 Sales 390 units $88.60 per unit March 18 March 25 Purchase Purchase 150 units 280 units $63.60 per unit $65.60 per unit March 29 Sales Totals 950 units 260 units $98.60 per unit 650 units 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold include 130 units from beginning inventory, 260 units from the March 5 purchase, 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 Answer is not complete. Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Cost of Goods Sold Goods Purchased Date # of units Cost per unit # of units sold March 1 March 5 Average March 5 March 9 March 18 Average March 18 March 25 Average March 25 March 29 Totals Cost per unit Inventory Balance Cost of Goods Sold # of units Cost per unit Inventory Balance 230 at $ 53.60 $ 12,328.00 $ 0.00 < Perpetual LIFO Specific Id> Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 130 units from beginning inventory, 260 units from the March 5 purchase, 110 units from the March 18 purchase, and 150 units from the March 25 purchase. Specific Identification Goods Available for Sale Cost of Goods Sold Ending Inventory Date # of units Cost per unit Cost of Goods # of Available units Cost per Cost of Goods # of units Cost in ending sold unit Sold for Sale inventory per unit Ending Inventory March 1 March 5 $ 0 $ 0.00 $ 0 $ 0.00 $ 0 0 0.00 0 0.00 0 March 18 March 25 Total 0 0 0 $ 0 0 0.00 0 0.00 0 0.00 0 $ 0 0 $ 0 < Weighted Average Specific Id >