TUDe Use The Fol mework Play Fantas best buy ho YouTub 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 transactions for March. Date Activities Units Acquired at Cost 180 units $52.60 per unit 265 units e $57.60 per unit Units Sold at Retail Mar. 1 Beginning inventory 5 Purchase Mar. Mar. 9 Sales 340 units $87.60 per unit Mar. 18 Purchase Mar. 25 Purchase 125 unitse $62.60 per unit 230 unitse $64.60 per unit Mar. 29 Sales 210 units $97.60 per unit 800 units 550 units Totals 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 identification, the March 9 sale consisted of 105 units from beginning inventory and 235 units from the March 5 purchase; the March 29 sale consisted of 85 units from the March 18 purchase and 125 units from the March 25 purchase. Next> of 9 7 of 9 7 Required information Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Goods Purchased Cost of Goods Sold Cost per Cost of Goods Sold unit Inventory Balance #of units #of units Cost per Date Cost per Inventory Balance # of units unit sold unit March 1 $52.60 180 @ $ 9,468.00 March 5 March 9 March 18 March 25 Next> of 9 of 9 7 6 of 9 7 6 of 9 7