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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

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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 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Units Acquired at Cost 70 units $50.40 per unit 210 units @ $55.40 per unit 70 units 560.40 per unit 120 units o$62.40 per unit Units Soldaten 230 units $85.40 per unit 470 units 700 units a 395.40 per unst 330 units 3. Compute the cost assigned to ending Inventory using () FIFO, (LIFO. (Welghted average, and (c) specific identification. For specific identification units sold include 50 units from beginning inventory, 180 units from the March 5 purchase. 30 units from the March 18 purchase, and 70 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific to Compute the cost assigned to ending Inventory using Firo

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