Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Units Acquired at Cost @ $51.60 per unit @ $56.60 per unit 130 units 240 units 100 units 180 units 650 units @ $61.60 per unit @ $63.60 per unit Units Sold at Retail 290 units @ $86.60 per unit 160 units @ $96.60 per unit 450 units 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 80 units from beginning inventory, 210 units from the March 5 purchase, 60 units from the March 18 purchase, and 100 units from the March 25 purchase.

March 18 Total March 18 March 25 Total March 25 March 29 Total March 29 Totals