Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date Activities March 1 March 5 March 9 Beginning inventory Purchase Sales March 18 March 25 March 29 Purchase Purchase Units Acquired at Cost 60 units @ $50.20 per unit 205 units @ $55.20 per unit 65 units @ $60.20 per unit 110 units @ $62.20 per unit Units Sold at Retail 220 units @ $85.20 per unit Sales Totals 440 units 90 units @ $95.20 per unit 310 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 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. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased Cost of Goods Sold Date # of units Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units March 1 60 at 205 at $ 55.20 March 5 Total March 5 60 at 205 at $ 50.20 = $55.20 = Inventory Balance Cost per unit $ 50.20 = Inventory Balance $ 3,012.00 $ 3,012.00 11,316.00 $ 14,328.00