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 Sold at Retail Units Acquired at Cost 200 units $53.00 per unit 275 units $58.00 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar 9 Sales Mar. 18 Purchase Mar 25 Purchase Mar. 29 Sales 360 units @ $88.00 per unit 135 units $63.00 per unit 250 units $65.00 per unit 230 units @ $98.00 per unit 590 units Totals 860 units 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 115 units from beginning inventory and 245 units from the March 5 purchase; the March 29 sale consisted of 95 units from the March 18 purchase and 135 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. Perpetual FIFO: Goods Purchased Cost per units unit # of Cost of Goods Sold Cost per Cost of Goods Sold unit Date # of units sold March 1 Inventory Balance # of units Cost per Inventory unit Balance 200 @ $53.00 = $53.00 = $ 10,600.00 200 @ $53.00 = $ 10,600.00 275 @ $ 58.00 = 15,950.00 $ 26,550.00 March 5 275 @ $58.00 March 9 S @ 80 @ 280 @ $53.00 $ 58.00 4,240.00 16,240.00 20,480.00 $ 53.00 $ 58.00 = S March 18