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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

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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 sales transactions for March. Units Acquired at Cost 160 units $52.20 per 255 units $57.20 p Units Sold at Retail Date Activities Mar. 1 inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales e $57.20 per 32e units $87.20 per unit 115 unitse $62.20 per 210 units unit unit 21e units $64.20 pen 190 units $97.2 per 510 units unit Totals 748 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 95 units from beginning inventory and 225 units from the March 5 purchase; the March 29 sale consisted of 75 units from the March 18 purchase and 115 units from the March 25 purchase

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