Warnerwoods com[any uses a perpetual inventory system.

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. Activities Units Sold at Retail Units Acquired at Cost 100 units $51.00 per unit 225 units $56.00 per unit Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 260 units$86.00 per unit 85 units $61.00 per unit 150 units $63.00 per unit 130 units $96.00 per unit 390 units Totals 560 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 65 units from beginning inventory and 195 units from the March 5 purchase; the March 29 sale consisted of 45 units from the March 18 purchase and 85 units from the March 25 purchase