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 Units Sold at Retail March 1 March 5 March 9 Activities Beginning inventory Purchase 160 units 255 units Units Acquired at Cost @ $52.20 per unit @ $57.20 per unit Sales 320 units @ $87.20 per unit March 18 Purchase 115 units 210 units March 25 @ $62.20 per unit @ $64.20 per unit Purchase March 29 Sales 190 units @ $97.20 per unit 510 units Totals 740 units 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific Identification. For specific identification, units sold include 95 units from beginning Inventory, 225 units from the March 5 purchase, 75 units from the March 18 purchase, and 115 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 Date # of units Cost per # of units unit sold Cost per unit Inventory Balance Cost per unit $52 20 = $52 20 $ 57 20 = $57.20 B $52 20 at at $ 52.20 $57 20 $57 20 March 1 March 5 Total March 5 March 9 Totel March 9 255 at Cost of Goods Sold $ 0.00 0:00 # of un 160 at 160 at 255 at at Inventory Balance $ 8.352 00 $ 8.352 00 14.586.00 $ 22.938 00