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 Activities Units Acquired at cost Units sold at Retan Mar. 1 Beginning inventory 130 units $51.60 per unit Mar. 5 Purchase 240 units $56.60 per unit Mar. 9 Sales 290 units $86.60 per unit Mar. 18 Purchase 100 units $61.60 per unit Mar. 25 Purchase 180 units 563.60 per unit Mar. 29 Sales 160 units $96.68 per unit Totals 658 units 458 units Perpetual FIFO: 4 Cost of Goods Sold Goods Purchased # of Cost per units unit Date Cost per # of units sold Cost of Goods Sold unit March 1 Inventory Balance Cost per Inventory # of units unit Balance 130 $ 51.60 = $ 6,708.00 1301 $ 51,60 = S 6.708.00 2401 S5660 13,584,00 $ 20,292.00 March 5 240 @ S 56.60 . March 9 $ 130 2401 $ 51,60 $56.60 6,708.00 13,584.00 20,292.00 1301 a 2401 S51.60 = $ 56,60 - $ 6,708.00 13,584,00 $ 20.292.00 $ m March 18 100 $61.600 1301 2401 1001 $51.60 = $56.60 $61.60 $ 6.708.00 13,584.00 6.160.00 $ 26,452.00 aces March 25 18000 $63.60 130 24010 1001 180 $ 51.60 - $ 56.60 $61.60 - $63.60 $ 6,708.00 13.584.00 6.160.00 11,448.00 $ 37,900.00 March 29 $ 1300 240 1300 2400 10000 180 $51.60 5 56 60 S 6160 $63.60 6,708.00 13,584,00 6,100.00 11.448.00 $51.60 = $56.60 $ 61,60 $63.60 = $ 6,708.00 13,584,00 0.160.00 11,448.00 100 180 On here to search O i Prison HAVE Required information Perpetual LIFO Goods Purchased of Cost per units unit Date # of units sold Cost of Goods Sold Cost per cost of Goods Sold unit Inventory Balance Cost per Inventory # of units unit Balance 130 $51.60 = $ 6,708.00 March 1 March 5 March 9 March 18 March 25 March 20 Required information Perpetual FIFO Perpetual LIFO Weighted Specific Id Average Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance Date # of units Cost per cost of Goods Sold # of units Cost per Inventory Balance units unit sold unit unit March 1 130 @ $51.60 - $ 6,708.00 Cost per March 5 Average March 9 March 18 Average March 25 March 29 Totals $ 0.00 Required information Specific Identification: Goods Purchased Date # of units unit March 1 Cost per Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold of units Inventory Balance Cost per Inventory Balance unit $ 51,60 = $ 6,708.00 130 March 5 March 9 March 18 March 25 March 29
