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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 Morch Units Sale Date March 1 March Marcha March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Units Acquired at Cost 100 units $12.60 per unit 265 units $57.60 per unit 125 units $62.60 per unit 210 units $64.60 per unit 40 units $87.60 per unit 210 units $97.0 or unit 500 units 550 units 3. Compute the cost assigned to ending inventory using (a) FIFO (6) LIFO. (weighted average and specific Identification. For Specific identification, units sold include 105 units from beginning inventory. 235 units from the March - purchase, 85 units from the March 18 purchase, and 125 units from the March 25 purchase. Compute the cost assigned to ending inventory using FIFO. Date Goods Purchased Cost per # of units unit Perpetual FIFO Cost of Goods Sold Cost per unit Cost of Goods Sold of units sold Inventory Balance Cost per Inventory # of units unit Balance 180 at S52 60 $9.468.00 March 1 March 5 Total March 5 March 9 Total March 9 March 18 > Total March 18 March 25 Total March 25 Required information s 3 of 4 Perpetual Fifo Perpetual ro Weighted Average Specific Id Compute the cost assigned to ending inventory using LIFO. Perpetual LiFO: Goods Purchased Cost of Goods Sold Date Cost per #of units # of units unit sold unit March 1 Cost per cost of Goods Sold Inventory Balance # of units Cost per Inventory unit Balance 180 at $ 52 60 = $ 9,468.00 March 5 Total March 5 March Total Morch 9 March 18 Total March 10 March 25 Required information 5 March 9 Bo 4 Total March March 18 Total March 18 March 25 Total March 25 March 20 Total March 20 Total 5 000 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 Date Cost per # of units # of units Cost per unit Cost of Goods Sold # of units Cost per Inventory Balance unit sold unit March 1 180 at $ 52 605 9,468.00 March 5 Average March March 9 March 18 Average March 18 March 25 Average March 25 March 20 Totals 000 Complete this question by entering your answers in the tabs below. Perpetual Firo Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending Inventory using specific identification. For specific identification, units sold include 105 units from beginning inventory units from the March 5 purchase, 85 units from the March 18 purchase, and 125 units from the March 25 purchase Specific Identification Goods Available for Sale Cost of Goods Sold Ending Inventory Date Cost per Cost of Goods #of units Cost per #of units # of units Cost of Available for Cost per Ending unit sold unit unit Sale Inventory Inventory March 1 $ 0 $ 0.00 $ 0 $ 000 $ 0 March 5 O 000 0 0.00 0 March 18 0 000 0 000 0 March 25 000 0 Total $ 0 s 0 0 $ 0 Goods Sold in ending O 0