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waterwoods company uses a perpetual inventory system. it entered into the following ourchases and sales transactions for march. March 1 beginning inventory 1 5 0

waterwoods company uses a perpetual inventory system. it entered into the following ourchases and sales transactions for march. March 1 beginning inventory 150 units @ 52.00 per unit marfch 5 purchase 250 units @ 57.00 per unit march 9 sales 310 units @ 87.00 per unit march 18 purchase 110 units @ 62.00 per unit march 25 purchase 200 units @ 64.00 per unit march 29 sales 180 units @97.00 per unit totals 710 units 490 units compue the cost assigned to ending inventory using (a) FIFO ,(b) LIFO, (c) weighted average, and (d) specific identifaction . for specific identification the march 9 sale consisted of 90 units from beginning inventory and 220 units from the march 5 purchase the march 29 sale consisted of 70 units from the march 18 purchase and 110 units from the march 25 purchase

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