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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. 3 . Compute the cost assigned to

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.
3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (c) specific identification. For specific identification, units sold include 80 units from beginning inventory, 340 units from the March 5 purchase, 40 units from the March 18 purchase, and 120 units from the March 25 purchase.
Complete this question by entering your answers in the tabs below.
Perpetual FIFO Perpetual LIFO
\table[[Weighted],[Average]] Specific Id
Compute the cost assigned to ending inventory using FIFO.
\table[[Perpetual FIFO:,],[,Goods Purchased,Cost of Goods Sold,Inventory Balance]
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