ework Help Save & Exit Submit Check my work Required information (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 Units Acquired at Cost 220 units @ $53.40 per unit 285 units @ $58.40 per unit 380 units @ $88.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 145 units @ $63.40 per unit 270 units @ $65.40 per unit 250 units@ $98.40 per unit 630 units 920 units 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 125 units from beginning inventory and 255 units from the March 5 purchase; the March 29 sale consisted of 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 ergnted Average Specific Id Comnuite the rnet accinned to ending inventaru neinn FIFO Check my work Required information Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased # of Cost per units unit Date # of units sold Cost of Goods Sold Cost per per Cost of Goods Sold unit Inventory Balance Cost per Inventory # of units unit Balance 220 @ $53.40 = $ 11,748.00 March 1 March 5 285 @ $58.40 220 @ 285 @ $53.40 = $58.40 = $ 11,748.00 16,644.00 $ 28,392.00 March 9 220 $ 53.40 S 11,748.00 0.00 11,748.00 @ @ $53.40 $ 58.40 March 18 March 25 @ $58.40 @ $58.40 0.00 11,748.00 $ March 18 March 25 March 29 Totals $ 11,748.00 Perpetunt FIFO Perpetual LIFO >