5 Required Information Problem 6-1A Perpetual: Alternative cost flows LO PI The following is to the questions and below! Warnerwoods Company uses a perpetual inventory system, tentered into the following purchases and sales transactions for March Pano 22 po Still 1111 11. Pit Det Mar 1 auch an Sales March 25 Murile Total Me 10 veit is het 1 its it es Problem 6-1A Part 4 4. Compute los profit corned by the company for each of the four costing methods. For specification the March consisted of Bounts from beginning voor and 210 unts from the March 5 ou chose the March 29 lected or down from the March 18 puchon 100 from the March 25 purchia (Round weighted average cost per unit to two decimals and answers to nearest whole dollar LIFO Press Margin TO Arocess Spee it Contact Summative Assessment (due Day 73 0 Saved Required Information Problem 6-1A Perpetual: Alternative cost flows LO P1 [The following Information applies to the questions displayed below] Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transaction for March Units Sold at Retail Units Acquired at Cost 130 units 351.68 per unit 240 units 556.60 per unit Date Activities Mar. 1 Beginning inventory Mar 5 Purchase Mar 9 Sales Mar 18 Purchase Mar. 25 Purchase Mar 29 Sales Totals 290 units 586.6e per unit 100 units 561.66 per unit 180 units 563.60 per unit 650 units 160 units 396.58 per unit 450 units Problem 6-1A Part 3 3. Compute the cost assigned to ending Inventory using (a) FIFO, (b) LIFO, (c/ weighted average and (d) specific identification. For specific Idenufication, the March 9 sale consisted of 80 units from beginning inventory and 210 units from the March 5 purchase 1 March 29 sale consisted of 60 units from the March 18 purchase and 100 units from the March 25 purchase Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending Inventory using FIFO. Perpetual FIFO Cost of Goods Sold Goods Purchased Cost per unit Date of units sold Cost per cost of Goods Sold unt Inventory Balance Cost per Inventory unit Balance 130 e 551.00 $ 0.700.00 March 1 March Sived K2 - Apply: Summative Assessment (due Day 7 0 Required information 4 Complete this question by entering your answers in the tabs below. Perpetual Fifo Perpetual ufo Weighted Average Specific ld Part 2 of 3 Compute the cost assigned to ending inventory using FIFO. 22 points Perpetual FIFO Cost of Goods Sold Goods Purchased #al Cost per units unit Cost per # of units sold Cost of Goods Sold Date Inventory Balance Cost per Inventory of units Balance 130 @ $1.00 $ 0.708.00 unit unit Marchi eBook March o Heferences March March 10 arch 25 March 20 0.00 Perpetual LIFO > Required information A Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id 2013 Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO nts Goods Purchased Cost per units unit Cost of Goods Sold Cost per cost of Goods Sold unit of of units sold Inventory Balance W of units Cost per Inventory unit Balance 130 $51.00 8.703.00 March Book March 5 References March March 10 Maron 25 Wash 20 000 Pernet FO Webhely vero -> when 4 Mondo CE 4 ????? 20 w 0 M