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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

$\backslash$table$[[$Date$,$Activities,Units Acquired at Cost,Units Sold at Retail$],[$March $1,$Beginning inventory,$220$ units @ $$53\mathrm{.}40$ per unit,$],[$March $5,$Purchase,$285$ units @ $$58\mathrm{.}40$ per unit,$],[$March $9,$Sales,,$380$ units @ $$88\mathrm{.}40$ per unit$],[$March $18,$Purchase,$145$ units @ $$63\mathrm{.}40$ per unit,$],[\backslash$table$[[$March $25],[$March $29]],\backslash$table$[[$Purchase$],[$Sales$]],270$ units @ $$65\mathrm{.}40$ per unit,$250$ units &$$98\mathrm{.}40$ per unit$],[$March $29,$Totals,$920$ units,$630$ units$]]$

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 $125$ units from beginning inventory, $255$ units from the March $5$ purchase, $105$ units from the March $18$ purchase, and $145$ units from the March $25$ purchase.

Complete this question by entering your answers in the tabs below.

Perpetual FIFO

Perpetual LIFO

Weighted

Specific Id

Compute the cost assigned to ending inventory using FIFO.