Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. For specific identification, the March 9 sale consisted of 50 units from beginning inventory and 385 units from the March 5 purchase; the March 29 sale consisted of 55 units from the March 18 purchase and 135 units from the March 25 purchase. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification.

Required information The folowing information applies to the questions displayed below. Warnerwoods Company uses a periodic Inventory system. It entered into the following purchases and sales transactions for March Units Acquired at $50 per @ 55 per Date ctivitie Mar Beginning Mar.s Purchase Mar. Sales Mar.18 Purchase Mar.25 Purchase Mar.29 Sales Units Sold at Retai1 115 unitas unit inventory 15 units unit @ 85 per 35 units unit e $60 Per 150 units unit @ 62 per unit 230 units 190 unita$95 per unit Totals 10 units 625 units For specific identitication, the March 9 sale consisted of 50 units from beginning Inventory and 385 units from the March 5 purchase; the March 29 sale consisted of 55 units from the March 18 purchase and 135 units from the March 25 purchase. 3. Compute the cost assigned to ending Inventory using (a) FIFO, (b)LIFO, (c)weighted average, and (o) specific denttication. Complete this question by entering your answers in the tabs below PeriodicPeriodic Weighted Specific FIFO LIFO Id Compute the cost assigned to ending inventory using FIFO Cost of Goods Available Cost of Goods Sold Periodic FIFO Ending Inventory for Sale Cost of Goods | # of | Cost Cost of Available units per #of units in Cost Ending per unit #of | Cost units per unit Goods lending for sold unit Sold Beginning March 5 March 18 March 25 Total ic FIFO Periodic LIFO>