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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 Activities Units Acquired at Cost Units sold at Retail Mar. 1 Beginning inventory 90 units @ $50.80 per unit 220 units@ $55.80 per unit Mar. 9 Sales 250 units @ $85.80 per unit Mar. 18 Purchase 80 units @ $60.80 per unit 140 units @ $62.80 per unit Mar. 29 Sales 120 units @ $95.80 per unit 530 units 370 units Date Mar. 5 Purchase Mar. 25 Purchase Totals 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 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