(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 Units sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5. Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 200 units @ $53.00 per unit 275 units & $58.00 per unit 135 units e $63.00 per unit 250 units e $65.00 per unit 360 units @ $88.00 per unit 230 units @ $98.00 per unit 590 units B60 units 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 115 units from beginning inventory and 245 units from the March 5 purchase; the March 29 sale consisted of 95 units from the March 18 purchase and 135 units from the March 25 purchase. CLUBELU. Goods Purchased # of Cost per units unit Cost of Goods Sold Cost per unit Cost of Goods Sold Inventory Balance Cost per Inventory # of units unit Balance 200 @ $53.00 = $ 10,600.00 # of units sold Date March 1 March 5 March 9 March 18 March 25 March 29 Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO