[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 Activities Units Acquired at Cost 230 units @ $53.60 per unit 290 units@ $58.60 per unit Units Sold at Retail Mar. 1 Beginning inventory Mar. 5 Purchase 390 units @ $88.60 per unit Mar. 9 Sales 150 units @ $63.60 per unit 280 units@ $65.60 per unit Mar. 18 Purchase Mar. 25 Purchase 260 units @ $98.60 per unit Mar. 29 Sales 950 units 650 units Totals Perpetual FIFO Goods Purchased Cost of Goods Sold Inventory Balance #of units Cost per unit #of Cost per unit Cost per unit Inventory Balance Cost of Goods Sold Date # of units units sold $53.60 March 1 230 12,328.00 March 5 March 9 March 18 March 25 March 29 Totals $ 0.00 Perpetual LIFO: Goods Purchased Cost of Goods Sold Inventory Balance Cost per Cost of Goods Sold unit Cost per unit # of Cost per unit # of units Inventory Balance Date #of units units sold $ 12,328.00 March 1 230 $53.60 March 5 March 9 March 18 March 25 March 29 $ 0.00 Totals Weighted Average Perpetual: Cost of Goods Sold Inventory Balance Goods Purchased Cost per # of Cost per Inventory Balance unit # of units Cost per cost of Goods Sold unit # of units Date units unit sold $ 12,328.00 $53.60 March 1 230 March 5 Average March 9 March 18 Average March 25 March 29 $ 0.00 Totals Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 130 units from beginning inventory and 260 units from the March 5 purchase; the March 29 sale consisted of 110 units from the March 18 purchase and 150 units from the March 25 purchase. Specific Identification Goods Purchased Cost of Goods Sold Inventory Balance Cost of Goods Cost per Inventory Balance unit of Cost per unit #of units Cost per unit Date #of units units Sold sold March 1 230 $53.60 12,328.00 March 5 March 9 March 18 March 25 March 29 Totals 0.00