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 Units Acquired at Cost $51.20 per unit Units Sold at Retail Activities Beginning inventory Purchase 110 units 230 units @ $56.20 per unit March 9 Sales 270 units $86.20 per unit March 18. Purchase 90 units March 25 Purchase 160 units $61.20 per unit @ $63.20 per unit March 29 Sales Totals 590 units 140 units $96.20 per unit 410 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 70 units from beginning inventory, 200 units from the March 5 purchase, 50 units from the March 18 purchase, and 90 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual Perpetual FIFO LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. Goods Purchased Perpetual FIFO Cost of Goods Sold Date of units Cost per unit of units sold Cost per Cost of Goods Sold unit #of units March 1 110 at Cost per unit $51.20 Inventory Balance Inventory Balance $ 5,632.00 230 at $56.20 1101