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 March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Units Acquired at Cost 250 units @ $54.00 per unit 300 units @ $59.00 per unit Units Sold at Retail 410 units @ $89.00 per unit 160 units @ $64.00 per unit 300 units @ $66.00 per unit 1,010 units 280 units @ $99.00 per unit 690 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 140 units from beginning Inventory, 270 units from the March 5 purchase, 120 units from the March 18 purchase, and 160 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. March 1 March 5 Goods Purchased Perpetual FIFO: Cost of Goods Sold Date # of units Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units 250 at Total March 5 March 9 Total March 9 March 18 Total March 18 March 25 Total March 25 March 29 Total March 29 Totals Inventory Balance Cost per unit $54.00 = Inventory Balance $ 13,500.00 $ 0.00 Perpetual LIFO > < Perpetual FIFO