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 180 units $52.60 per unit Mar. 5 Purchase 265 units $57.60 per unit 9 Sales 340 units $87.60 per unit Mar. 18 Purchase 125 units. $62.60 per unit Mar. 25 Purchase 230 units # $64.60 per unit Mar. 29 Sales 210 units . $97.60 per unit Totals 800 units 550 units Mar. 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 105 units from beginning inventory and 235 units from the March 5 purchase; the March 29 sale consisted of 85 units from the March 18 purchase and 125 units from the March 25 purchase. Required information Cost of Goods Sold Goods Purchased Cost per units unit # of # of units sold Cost per cost of Goods Sold Date Inventory Balance # of units Cost per Inventory unit Balance 180 @ $ 52.60 = $ 9,468.00 unit March 1 March 5 March 9 March 18 March 25 March 29 Cost of Goods Sold Required information Perpetual LIFO: Goods Purchased Date # of Cost per units unit March 1 March 5 # of units sold Cost per unit Cost of Goods Sold Inventory Balance Cost per # of units Inventory unit Balance 180 @ $ 52.60 = $ 9,468.00 March 9 March 18 March 25 March 29 Perpetual FIFO Perpetual LIFO Weighted Specific Id Average Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal place Weighted Average Perpetual: Goods Purchased Cost of Goods S Sold Inventory Balance Date # of Cost per # of units Cost per cost of Goods Sold Inventory Balance sold unit unit March 1 180 @ $ 52.60 = 9,468.00 Cost per # of units units unit + March 5 Average March 9 March 18 Average March 25 March 29 Totals $ 0.00 Weighted Perpetual FIFO Perpetual LIFO Average Specific Id Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consis and 235 units from the March 5 purchase; the March 29 sale consisted of 85 units from the March 18 purchase and 125 units Specific Identification: Goods Purchased Cost of Goods Sold Inventory Balance Date # of Cost per # of units Cost per Cost of Goods # of units Cost per units unit sold Inventory Balance unit Sold unit March 1 180 @ $ 52.60 = 9,468.00 March 5 March 9 March 18 Required information March 18 March 25 March 29 Totals 0.00