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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. table [ [ Date , Activities,Units,Acquired

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.
\table[[Date,Activities,Units,Acquired at cost,Units sold at Retail],[March 1,Beginning inventory,60 units,e $50.20 per unit,],[March 5,Purchase,205 units,2 $55.20 per unit,],[March 9,Sales,,,220 units $85.20 per unit],[March 18,Purchase,65 units,e $60.20 per unit,],[March 25,Purchase,110 units,@ $62.20 per unit,],[March 29,Sales,,,90 units $95.20 per unit],[Totals,440 units,,310 units]]
Problem 5-1A (Algo) Part 3
3. Compute the cost assigned to ending inventory using (a) FIFO. (b) LIFO. (c) weighted average, and (d) specific identification. For specific identification, units sold include 45 units from beginning inventory. 175 units from the March 5 purchase. 25 units from the March 18 purchase, and 65 units from the March 25 purchase.
Complete this question by entering your answers in the tabs below.
\table[[Perpetual FIFO,Perpetual LIFO,\table[[Weighted],[Average]]]]
Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 45 units from beginning units from the March 5 purchase, 25 units from the March 18 purchase, and 65 units from the March 25 purchase.
\table[[Specific Identification],[Date,Goods Available for Sale,Cost of Goods Sold,Ending Inventory],[# of units,\table[[Cost per],[unit]],\table[[Cos],[Av]],,\table[[# of units],[sold]],Cos,\table[[per],[it]],\table[[Cost of],[Goods Sold]],\table[[# of units],[in ending],[inventory]],Cos,\table[[per],[it]],\table[[Ending],[Inventory]]],[March 1,r,,$,0,,$,0.00,0,,s,0.00,$
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