[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 Mar. Units sold at betall Activities Units Acquired at Cost 1 Beginning inventory 100 units Mar. 5 Purchase 400 units Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 120 units 200 units $50.00 per unit $55.00 per unit $60.00 per unit $62.00 per unit 420 units $85.00 per unit Totals 820 units 160 units $95.00 per unit 580 units Problem 5-1A Part 3 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 80 units from beginning inventory and 340 units from the March 5 purchase: the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase. ur answers in the below tabs.