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 @ $50.80 per unit 220 unito $55.80 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totalo 250 units $85.80 per unit 80 units $60.80 per unit 140 units @ $62.80 per unit 120 units 595.80 per unit 370 units 530 units 3. Compute the cost assigned to ending inventory using (0) FIFO. (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 190 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 80 units from the March 25 purchase. Mides Cost of Goods Sold Weighted Average Perpetual: Goods Purchased # of Date units unit March 1 Cost per # of units sold Cost per cost of Goods Sold Inventory Balance # of units Cost per Inventory Balance unit 90 @ $ 50.80 = $ 4,572.00 unit March 5 90 @ $ 50.80 $ 90 @ 90 @ 180 @ $50.80 = $ 50.80 = II 4,572.00 4,572.00 9,144.00 Average $ March 9 250 @ 60 March 18 80 @ $ 60.80 60 90 @ 150 @ $ 60.80 = 5,472.00 5,472.00 Average $ March 25 140 $ 62.80 60 90 @ $ 62.80 = 5,652.00 5,652.00 150 @ $ March 29 Totals $ 0.00