Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Date Activities Units Acquired at Cost March 1 Beginning inventory Units sold at Retail 230 units $53.60 per unit March 5 Purchase 290 units $58.60 per unit March 9 Sales 390 units $88.60 per unit March 18 Purchase 150 units 56).60 per unit March 25 Purchase 280 units $65.60 per unit March 29 Sales 260 units $98.60 per unit Totals 950 units 650 units 3. Compute the cost assigned to ending Inventory using () FIFO (6) LIFO. (weighted average, and (c) specific identification. For specific identification units sold include 130 units from beginning inventory, 260 units from the March 5 purchase, 110 units from the March 18 purchase, and 150 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual Pro Perpetua uro Weighted Average Specific to Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 130 units from beginning inventory 5 purchase, 110 units from the March 18 purchase, and 150 units from the March 25 purchase. Specific Identification: Goods Purchased Cost of Goods Sold Date Inventory Balance # of units Cost per Goods of units Cost per cost of Goods Sold unit Cost per Puchased sold unit of units Inventory Balance unit March 1 230 at $5300 $ 12.328 at $53.60 $ 0.00 at $5360 5 0.00 March 5 290 at $ 58.60 16.994 $58 60 $ 58 60 - March 18 150 a $63.60 - 9.540 al $6360 000 at $ 63 60 = 0.00 March 25 280 at $65 60 $18.368 $65.60 at $65.60 at - 3. Compute the cost assigned to ending inventory using () FIFO. (6) LIFO, ( weighted average, and (a specific identification For specific identification, units sold include 130 units from beginning inventory. 260 units from the March 5 purchase, 110 units from the March 18 purchase, and 150 units from the March 25 purchase, Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific ld Compute the cost assigned to ending inventory using specific Identification. For specific Identification, units sold include 130 units from beginning inventory, 260 units fror 5 purchase, 110 units from the March 18 purchase, and 150 units from the March 25 purchase. Specific Identification: Goods Purchased Cost of Goods Sold Inventory Balance # of units Cost per Goods of units Cost per cost of Goods Sold Cost per unit Puchased sold unit #of units unit Inventory Balance March 1 230 at $53.60 $ 12.326 $5350 $ 0.00 $53.60 - $ 0.00 March 5 $58.60 16,994 $58.60 $ 58,60 March 18 150 Mt $63.60 9.540 at $6360 0.00 $63.60 000 March 25 2001 $ 65,00 $ 18,368 $ 65,00 at $ 65.00 Totals 5 0.00 5 0.00 Date at at al M - at . at at