weighted average

Required information The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Date Activities Units Acquired at Cost Units sold at Retail March 1 Beginning inventory 170 units @ $52.48 per unit March 5 Purchase 260 units @ $57.48 per unit March 9 Sales 330 units @ $87.40 per unit March 18 Purchase 120 units @ $62.40 per unit March 25 Purchase 220 units @ $64.40 per unit March 29 Sales 200 units @ $97.40 per unit Totals 770 units 530 units 3. Compute the cost assigned to ending inventory using () FIFO (6) LIFO. () weighted average, and (c) specific identification. For specific identification, units sold includo 100 units from beginning inventory 230 units from the March 5 purchase, 80 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 UFO Weighted Average Specific id Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual Cost of Goods Sold Cost per unit Cost of Goods Sold Goods Purchased Cost per # of units unit Date # of units Inventory Balance Cost per unit Inventory Balance $ 52.40 = $ 8.908.00 # of units sold 170 at March 1 March 5 Average March 5 March 9 March 18 Average March 18 March 25 Average March 25 $ 0.00 March 29 Totals