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 150 units @ $52.00 per unit 250 units @ $57.00 per unit 310 units @ $87.00 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 110 units @ $62.00 per unit 200 units @ $64.00 per unit 180 units @ $97.00 per unit 490 units 710 units 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 90 units from beginning inventory and 220 units from the March 5 purchase; the March 29 sale consisted of 70 units from the March 18 purchase and 110 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Weighted Average Specific Id Perpetual FIFO Perpetual LIFO Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Cost of Goods Sold Goods Purchased # of units unit Cost per Date Cost per 4 # of units sold Cost of Goods Sold Inventory Balance Cost per Inventory # of units unit Balance 150 @ $ 52.00 $ 7,800.00 unit March 1 March 5 250 @ $ 57.00 $ 52.00 = 150 @ 250 @ $ 57.00 = $ 7,800.00 14,250.00 $ 22,050.00 K March 9 @ = $ 0.00 @ $ 52.00 $ 52.00 $ 57.00 @ = 0.00 @ $ 57.00 March 18 March 25 March 29 Totals $ 0.00 Da EE Parnatual ISO Perpetual LIFO: Cost of Goods Sold Goods Purchased # of units unit Date Cost per # of units sold Cost per unit Cost of Goods Sold Inventory Balance Cost per Inventory # of units unit Balance 150 @ $ 52.00 $ 7,800.00 March 1 - March 5 March 9 March 18 March 25 March 29 $ 0.00 Totals 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.) Weighted Average Perpetual: Goods Purchased Cost of Goods Sold Cost per Cost per # of units Date Inventory Balance Cost per Inventory Balance urtit # of units sold Cost of Goods Sold # of units unit unit March 1 150 $ 52.00 = $ 7,800.00 March 5 Average March 9 March 18 Average March 25 March 29 $ 0.00 Totals Perpetual LIFO Specific ld > Specific Identification: Goods Purchased Cost of Goods Sold Cost per Date Cost per # of units Inventory Balance Cost # of units per Inventory Balance # of units sold unit Cost of Goods Sold unit unit March 1 150 @ $ 52.00 = $ 7,800.00 March 5 March 9 March 18 March 25 March 29 $ 0.00 Totals