Saved Help Save & Exi 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 80 units@ $50.60 per unit 5 Purchase 215 units 355.60 per unit 9 Sales 240 units $85.60 per unit Mar. 18 Purchase 75 units @ $60.60 per unit Mar. 25 Purchase 130 units @ $62.60 per unit Mar. 29 Sales 11e units 595.60 per unit Totals 500 units 350 units Mar. 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 55 units from beginning inventory and 185 units from the March 5 purchase: the March 29 sale consisted of 35 units from the March 18 purchase and 75 units from the March 25 purchase hunntorinn nur answers in the tabs below. Help Save & Exi B 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 55 units from beginning inventory and 185 units from the March 5 purchase, the March 29 sale consisted of 35 units from the March 18 purchase and 75 units from the March 25 purchase. of 4 Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id 1:53:39 Compute the cost assigned to ending Inventory using FIFO. Perpetual FIFO Cost of Goods Sold Goods Purchased # of Cost per units Cost per # of units sold Cost per Inventory Balance Inventory W of units Balance 80 $ 50 60 $ 404800 Date Cost of Goods Sold unit une March 1 March 5 March 9 Saved Required information March 5 March 9 March 18 March 25 March 29 Prev 3 of 7 IN Next >