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 240 units $53.80 per unit 295 units @ $58.80 per unit Units sold at Retan Mar. Date activities Mar. 1 Beginning inventory Mar. 5 Purchase 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 400 units @ $88.80 per unit 155 units @ $63.50 per unit 290 units@ $65.00 per unit 270 units 598.30 per unit 670 units 980 units 3. Compute the cost assigned to ending inventory using (a) FIFO. (O) LIFO. (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 135 units from beginning inventory and 265 units from the March 5 purchase the March 29 sale consisted of 115 units from the March 18 purchase and 155 units from the March 25 purchase. 4. Required information 3 Compute the cost assigned to ending Inventory using FIFO. PerpetualBED Cost profit wold Cose Castel Goods Sold cost per 20 51291200 March 5 March March 10 March 25 March 20 Total Perpetual LIFO > Compute the cost assigned to ending Inventory using specific identification. For spedfic identification, the March 9 sale consisted of 135 units from beginning inventory and 265 units from the March purchase the March 29 sale consisted of 115 units from the March 18 purchase and 155 units from the March 25 purchase Specific identification: rol Cost per Costot Goods Sold of units Cost per Cost of Goods sold Sold of units Inventory Balance Cost per umit Inventory Balance 550 80 $ 12,912.00 March 1 March 240 March 9 March 18 March 25 March 29 Totals