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 Date Activities Units Acquired at Cost Units sold at Retail Mar. 1 Beginning inventory 68 units $50.20 per unit Mar. 5 Purchase 205 units @ $55.20 per unit Mar. 9 Sales 228 units @ $85.20 per unit Mar. 18 Purchase 65 units @ $60.20 per unit Mar. 25 Purchase 110 units @ $62.20 per unit Mar. 29 Sales 98 units @ $95.20 per unit Totals 440 units 310 units 3. Compute the cost assigned to ending inventory using FIFO. (b) LIFO. (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 45 units from beginning inventory and 175 units from the March 5 purchase; the March 29 sale consisted of 25 units from the March 18 purchase and 65 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual of Perpetual LIFO Weighted Average Specificid Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased #of Cost per units unt Cost of Goods Sold of units Cost per Cost of Goods Sold sold Inventory Ban of units Cost per Inventory Balance Date 3. Compute the cost assigned to ending inventory using (a) FIFO. (D) LIFO. (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 45 units from beginning inventory and 175 units from the March 5 purchase; the March 29 sale consisted of 25 units from the March 18 purchase and 65 units from the March 25 purchase. 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 FIFO. Perpetual FIFO Goods Purchased Cost of Goods Sold #of Cost per # of units Cost per Date Cost of Goods Sold units unit unit March 1 Inventory Balance # of units Cost per Inventory unit Balance 60 $ 50.20 - $ 3,012.00 sold March 5 March 9 March 18 March 25 ter 5 Saved H Required information Cost of Goods Sold 3 of 4 Goods Purchased # of units unit Cost per #of units sold Cost per Date Cost of Goods Sold Inventory Balance Cost per Inventory # of units unit Balance 60 $50.20 - $ 3,012.00 unit March 1 March 5 nts Skipped March 9 eBook March 18 Print March 25 References March 29 Totals $ 0.00 Perpetual LIFO ME G Hill Perpetual FIFO Perpetual LIFO Weighted Average Specific id Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Goods Purchased Cost of Goods Sold # of # of units Date units unit sold unit Cost of Goods Sold March 1 Cost per Cost per Inventory Balance # of units Cost per Inventory unit Balance 60 @ $ 50.20 = $ 3,012.00 March 5 March 9 ances March 18 March 25 March 29 TEA Required information Goods Purchased # of Cost per units unit Cost of Goods Sold # of units Cost per Cost of Goods Sold sold unit Inventory Balance Cost per Inventory # of units unit Balance 60 $50.20 = S 3,012.00 of 4 Date March 1 March 5 Kipped March 9 eBook March 18 Print March 25 References March 29 Totals $ 0.00 ME GE Hall 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 Inventory Balance #of Cost per # of units Date Cost per units unit sold # of units unit Inventory Balance unit March 1 60 $ 50.20 = $ 3,012.00 March 5 Cost per coz of Goods Sold Average March 9 March 18 Average March 25 March 29 Totals 0.00 poed Perpetual FIFO Perpetual ufo Weighted Average Specific Id Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 45 units from beginning inventory and 175 units from the March 5 purchase; the March 29 sale consisted of 25 units from the March 18 purchase and 65 units from the March 25 purchase. Specific Identification: Goods Purchased Cost of Gods Sold Inventory Balance # of Cost per of units Date Cost per Cost of Goods units unit sold unit Sold of units unit March 1 60 S 50 20 = $ 3,012.00 March 5 Cost per Inventory Balance eBook March 9 Rece March 18 March 25 So 5 UUUUUUU BEVERLEV DRILE LUBU SUURUS QUI Required information WWW.20 - . WHILE JUIZVU of 4 March 5 March 9 5 kloped March 18 eBook March 25 Print References March 29 Totals 0.00