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 90 units @ $50.88 per unit 228 units @ $55.88 per unit Date March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals 250 units @ $85.82 per unit 88 units @ $60.80 per unit 140 units @ $62.82 per unit 120 units @ $95.80 per unit 370 units 530 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of Goods Available for Sale # of units Cost of Goods Available Unit for Sale Cost per Beginning inventory Purchases: March 5 March 18 March 25 Total 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 Retail March 1 Beginning inventory 9e units @ $50.80 per unit March 5 Purchase 220 units @ $55.89 per unit March 9 Sales 250 units @ $85.88 per unit March 18 Purchase 89 units @ $60.88 per unit March 25 Purchase 148 units @ $62.80 per unit March 29 Sales 120 units @ $95.89 per unit Totals 530 units 370 units 2. Compute the number of units in ending inventory. Ending inventory units 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 Retail March 1 Beginning inventory 90 units @ $50.se per unit March 5 Purchase 220 units @ $55.89 per unit March 9 Sales 258 units @ $85.88 per unit March 18 Purchase Beunits @ $60.Be per unit March 25 Purchase 140 units @ $62.82 per unit March 29 Sales 120 units @ $95.80 per unit Totals 530 units 378 units 3. Compute the cost assigned to ending Inventory using (a) FIFO.(6) LIFO. (9) weighted average, and (d) specific Identification. For specific identification, units sold include 60 units from beginning Inventory, 190 units from the March 5 purchase, 40 units from the March 18 purchase, and 80 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: Cost of Goods Sold Cost Cost of Goods Sold Goods Purchased Cost # of units Date # of units sold Inventory Balance Cost # of units Inventory Balance 90 at S 50.80 = $ 4,572.00 per unit per unit per unit March 1 March 5 Total March 5 March 9 Total March 9 March 18 Total March 18 March 25 Total March 25 March 29 Total March 29 Totals Perpetual FIFO Perpetual LIFO > 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 9e units @ $50.80 per unit 220 units @ $55.89 per unit Date March 1 March 5 March 9 March 18 March 25 March 29 250 units @ $85.80 per unit Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals se units @ $60.80 per unit 140 units @ $62.82 per unit 120 units @ $95.80 per unit 370 units 530 units 3. Compute the cost assigned to ending Inventory using (a) FIFO.(6) LIFO. (9) Welghted average, and (d) specific Identification. For specific identification, units sold include 60 units from beginning Inventory. 190 units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual Firo Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Cost of Goods Sold Cost per unit Cost of Goods Sold Goods Purchased Cost #of units Date # of units sold Inventory Balance Cost # of units Inventory per unit Balance 90 at $ 50.80 = S 4,572.00 per unit March 1 March 5 Total March 5 March 9 Total March 9 March 18 Total March 18 March 25 Total March 25 March 29 Total March 20 Totals 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 Retail March 1 Beginning inventory 90 units @ $50.se per unit March 5 Purchase 220 units @ $55.89 per unit March 9 Sales 258 units @ $85.88 per unit March 18 Purchase se units @ $60.80 per unit March 25 Purchase 140 units @ $62.Be per unit March 29 Sales 120 units @ $95.88 per unit Totals 530 units 378 units 3. Compute the cost assigned to ending Inventory using (a) FIFO.(6) LIFO. (9) weighted average, and (d) specific Identification. For specific identification, units sold include 60 units from beginning Inventory, 190 units from the March 5 purchase. 40 units from the March 18 purchase, and 80 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. 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 #of units Cost per sold Cost per unit Cost of Goods Sold # of units unit Inventory Balance March 1 90 at $ 50.80 = S 4,572.00 per unit March 5 Average March 5 March 9 March 18 Average March 18 March 25 Average March 25 March 29 Totals 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 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 90 units @ $50.89 per unit 220 units @ $55.Be per unit se units @ $60.82 per unit 140 units @ $62.82 per unit 258 units @ $85.88 per unit 120 units @ $95.88 per unit 370 units 530 units 3. Compute the cost assigned to ending Inventory using (a) FIFO. (6) LIFO. (weighted average, and (a specific identification. For specific identification, units sold include 60 units from beginning Inventory, 190 units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Specific id Average Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 50 units from beginning inventory, 190 units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the March 25 purchase. Specific Identification Goods Available for Sale Cost of Goods Sold Ending Inventory Date Cost of Goods Cost per # of units Cost per Cost of # of units Cost per Ending # of units Available for unit sold unit unit Inventory inventory March 1 March 5 March 18 March 25 Total Sale Goods Sold in ending