Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Activities Units Acquired at Cost 240 units $53.80 per unit 295 units $58.80 per unit Units Sold at Retail Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 400 units $88.80 per unit 155 units $63.80 per unit 290 units $65.80 per unit 270 units $98.80 per unit 670 units Totals 980 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 135 units from beginning inventory and 265 units from the March 5 purchase; the March 29 sale consisted of 115 units from the March 18 purchase and 155 units from the March 25 purchase Weighted Average Perpetual FIFO Perpetual LIFO Specific Id Compute the cost assigned to ending inventory using FIFO Perpetual FIFO: oods Purchased st of Goods Sold Inventory Balanc Cost per unit # of units sold Cost per unit # of units 240 Cost per tory Balance Date Cost of Goods Sold | units unit March1 $53.8012,912.00 295@$58.80 @ $53.80 @$58.80 March 5 March 9 March 18 155$63.80 @ $63.80