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 Activities Beginning inventory Purchase Units Acquired at Cost 120 units @ $51.40 per unit 235 units @ $56.40 per unit Units Sold at Retail March 9 Sales 280 units @ $86.40 per unit March 18 March 25 Purchase Purchase 95 units @ $61.40 per unit 170 units @ $63.40 per unit March 29 Sales Totals 620 units 150 units @ $96.40 per unit 430 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 75 units from beginning inventory, 205 units from the March 5 purchase, 55 units from the March 18 purchase, and 95 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. Inventory Balance Cost per unit $51.40 = Inventory Balance $ 6,168.00 Perpetual FIFO: Goods Purchased Cost of Goods Sold Date # of units Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units March 1 120 at March 5 Total March 5 March 9 Total March 9