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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 Units Sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 230 units @ $53.60 per unit 290 units@ $58.60 per unit 150 units @ $63.60 per unit 280 units@ $65.60 per unit 390 units @ $88.60 per unit 260 units @ $98.69 per unit 650 units 950 units 2. Compute the number of units in ending inventory. Ending inventory units Required information Perpetual FIFO: 4 Cost of Goods Sold Goods Purchased # of units unit Date Cost per # of units sold Cost per cost of Goods Sold Cost per unit Inventory Balance # of units Inventory unit Balance 230 $ 53,60 = $ 12,328.00 March 1 March 5 March 9 March 18 ces March 25 March 29 Totals $ 0.00 VIGO Required information Perpetual LIFO 4 Goods Purchased #of Cost per units unit Cost of Goods Sold # of units Cost per sold Cost of Goods Sold unit Date Inventory Balance Cost per Inventory # of units unit Balance 230 $53.60 = $ 12,328.00 March 1 March 5 March 9 March 18 4 March 25 March 29 $ 0.00 Totals uired information 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 weighted average. (Round your average cost per unit to 2 decimal places.) Inventory Balance Weighted Average Perpetual: Goods Purchased # of Date units unit March 1 Cost per Cost of Goods Sold # of units sold unit Cost per cost of Goods Sold Cost per # of units Inventory Balance unit $53.60 230 @ $ 12,328.00 March 5 Average March 9 March 18 Average March 25 March Totals $ 0.00 >

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