Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. te: Round your average cost per unit to 2 decimal places. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{|l|} b) Periodic LIFO \\ \\ Beginning inventory \\ \end{tabular}} & \multicolumn{4}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{5}{|c|}{ Ending Inventory } \\ \hline & \multirow{2}{*}{\begin{tabular}{|r|} # of units \\ 100 \\ \end{tabular}} & \multicolumn{2}{|c|}{ Cost per unit } & CostofGoodsAvailableforSale & \multirow{2}{*}{\begin{tabular}{|l} #ofunitssold \\ 0 \end{tabular}} & Cost per unit & \multirow[t]{2}{*}{CostofGoodsSold} & \multirow{2}{*}{\begin{tabular}{|r|} #ofunitsinendinginventory \\ 100 \\ \end{tabular}} & \multicolumn{2}{|c|}{ Cost per unit } & \multicolumn{2}{|c|}{EndingInventory} \\ \hline & & $ & 50.00 & $5,000 & & & & & $ & 50.00 & $ & 5,000 \\ \hline \multicolumn{13}{|l|}{ Purchases: } \\ \hline March 5 & 400 & $ & 55.00 & 22,000 & 260 & 55.00 & 14,300 & 140 & $ & 55.00 & & 7,700 \\ \hline March 18 & 120 & $ & 60.00 & 7,200 & 120 & 60.00 & 7,200 & 0 & & & & \\ \hline March 25 & 200 & $ & 62.00 & 12,400 & 200 & 62.00 & 12,400 & 0 & & & & \\ \hline Total & 820 & & & $46,600 & 580 & & $33,900 & 240 & & & $ & 12,700 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[t]{2}{*}{ c) Average Cost } & \multicolumn{3}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline & \# of units & AverageCostperunit & CostofGoodsAvailableforSale & #ofunitssold & AverageCostperUnit & CostofGoodsSold & #ofunitsinendinginventory & AverageCostperunit & EndingInventory \\ \hline Beginning inventory & 100 & & $5,000 & & & & & & \\ \hline \multicolumn{10}{|l|}{ Purchases: } \\ \hline March 5 & 400 & & 22,000 & & & & & & \\ \hline March 18 & 120 & & 7,200 & & & & & & \\ \hline March 25 & 200 & & 12,400 & & & & & & \\ \hline Total & 820 & & $46,600 & & & $ & & & $ \\ \hline \multirow[t]{2}{*}{\begin{tabular}{|l|} d) Specific \\ Identification \end{tabular}} & \multicolumn{3}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline & \# of units & Cost per unit & CostofGoodsAvailableforSale & #ofunitssold & Cost per unit & CostofGoodsSold & #ofunitsinendinginventory & Cost per unit & EndingInventory \\ \hline Beginning inventory & 100 & 50.00 & $5,000 & & & 0 & & 50.00 & $ \\ \hline \multicolumn{10}{|l|}{ Purchases: } \\ \hline March 5 & 400 & 55.00 & 22,000 & & & 0 & & 55.00 & 0 \\ \hline March 18 & 120 & 60.00 & 7,200 & & & 0 & & 60.00 & 0 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{|l|} d)SpecificIdentification \\ \\ Beginning inventory \\ \end{tabular}} & \multicolumn{4}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{5}{|c|}{ Ending Inventory } \\ \hline & \multirow{2}{*}{#ofunits100} & \multicolumn{2}{|c|}{ Cost per unit } & CostofGoodsAvailableforSale & \multirow[t]{2}{*}{#ofunitssold} & \multirow[t]{2}{*}{ Cost per unit } & \multirow{2}{*}{CostofGoodsSold0} & \multirow{2}{*}{\begin{tabular}{|l|} #ofunitsinendinginventory \\ \end{tabular}} & \multicolumn{2}{|c|}{ Cost per unit } & \multicolumn{2}{|c|}{EndingInventory} \\ \hline & & $ & 50.00 & $5,000 & & & & & $ & 50.00 & $ & 0 \\ \hline \multicolumn{13}{|l|}{ Purchases: } \\ \hline March 5 & 400 & $ & 55.00 & 22,000 & & & 0 & & $ & 55.00 & & 0 \\ \hline March 18 & 120 & $ & 60.00 & 7,200 & & & 0 & & $ & 60.00 & & 0 \\ \hline March 25 & 200 & $ & 62.00 & 12,400 & & & 0 & & $ & 62.00 & & 0 \\ \hline Total & 820 & & & $46,600 & 0 & & & 0 & & & & \\ \hline \end{tabular}