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 Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Coat 200 units . $53.00 per unit 275 units & $58.00 per unit 135 units $63.00 per unit 250 units @ $65.00 per unit 360 units & $88.00 per unit 230 units $98.00 per unit 590 units 860 units 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) welghted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 115 units from beginning inventory and 245 units from the March 5 purchase; the March 29 sale consisted of 95 units from the March 18 purchase and 135 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 Compute the cost assigned to ending inventory using FIFO. Required information Perpetual FIFO: Cost of Goods Sold Goods Purchased # of Cost per units unit Date # of units sold Cost per cost of Goods Sold Inventory Balance Cost per # of units Inventory unit Balance 200 $53.00 - $ 10,600.00 unit March 1 March 5 275 @ $ 58,00 2001 275 $53.00 $ 58.00 $ 10,600.00 15.950.00 $ 26,550.00 March 9 200 $ 53.00 $ $58.00 $ 10,600.00 0.00 10,800.00 $53.00 $ 58.00 20.880.00 $ 20,880.00 March 18 March 25 March 29 Total 10,000.00 la PO Perpatual LIFO > Perpetual LIFO Goods Purchased #of units unit Cost per Cost of Goods Sold Cost per unit Cost of Goods Sold Date # of units sold Inventory Balance Cost per Inventory #of units unit Balance 200 @ $53.00 = $ 10,600.00 March 1 March 5 March 9 March 18 March 25 March 29 Totals $ 0.00 Perpetual FIFO Weighted Average > Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual UFO Weighted Average Specific Id Compute the cost assigned to ending Inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance of Date Cost per # of units Cost per Cost of Goods Cost per units unit sold unit Sold #of units unit Inventory Balance March 1 200 @ $53.00 $ 10,600.00 March 5 Average March 9 March 18 Average March 25 March 20 Total 0.00 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 115 units from beginning inventory and 245 units from the March 5 purchase; the March 29 sale consisted of 95 units from the March 18 purchase and 135 units from the March 25 purchase. Cost per Soesildentification Goats Purchases Date Wot units un March 1 March 5 Cost of Goods Sold #of units Cost per Cost of Goods sold unit Sold Inventory Balance of units Cost per una Inventory Balance 200 $53.00 $ 10,600,00 March 9 March 18 March 25 March 20 Total 0.00 Weighted Average