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. Activities Units Acquired at Cost 170 units $52.40 per unit 260 units $57.40 per unit Units Sold at Retail Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 330 units $87.40 per unit 120 units $62.40 per unit 220 units $64.40 per unit 200 units $97.40 per unit 530 units 770 units Totals 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 100 units from beginning inventory and 230 units from the March 5 purchase; the March 29 sale consisted of 80 units from the March 18 purchase and 120 units from the March 25 purchase. Complete this question by entering your answers in the tabs below Weighted Average Perpetual FIFO Perpetual LIFO Specific Id Compute the cost assigned to ending inventory using FIFO Weighted Average tual FIFo Perpetual LFO wtSpecific 1a Specific Id Compute the cost assigned to ending inventory using FIFO Perpetual FIFO i #of units #of units Cost per unit Costper Cost of Goods Sold! Cost per unit Inventory Balance #Of units Date unit sO March 1 170 @ | $ 52 40 | = | $ 8.908.00 March 5 March 9 March 18 March 25 March 29 Totals 0.00 Perpetual FIFO Perpetual LIFO> Weighted Average Perpetual FIFOEPerpetual LIFO Compute the cost assigned to ending inventory using LIFO Perpetual LIFO: Specific Id s Purchase Cost of Goods Sold Inventory Balance ! #of units sold Costper! Cost of Goods Cost pen unit Cost perInventory Balance 0 # of units Date Solo units unit unit March 1 170 $52.40 $ 8,908.00 March 5 March 9 March 18 March 25 March 29 Totals 0.00 Perpetual FIFO Weighted Average> Weighted Average Perpetual FIFO Perpetual LIFO Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Specific Id | Cost per Cost of Goods Sold | Cost per| unit #of units # of units sold Cost per Inventory Balance # of units Date un unit 170 @|$52.40!=| $ 8.908.00 March 1 March 5 Average March 9 March 18 Average March 25 March 29 Totals 0.00 Perpetual LIFO Specific ld Weighted Specific Id Perpetual FIFO Perpetual LIFO Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 100 units from beginning inventory and 230 units from the March 5 purchase; the March 29 sale consisted of 80 units from the March 18 purchase and 120 units from the March 25 purchase Specific Identificati Cost per Inventory Ba #of units Cost per unit # of units sold | Cost per unit Cost of Goods Sold fof units |per Date unit 170@| $52.40=| $ 8908.00 March1 March 5 March 9 March 18 March 25 March 29 Totals 0.00 Weighted Average Specific Id