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...

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 Activities Units Acquired at Cost Units Sold at Retail March 1 Beginning inventory 100 units $50 per unit March 5 Purchase 400 units @ $55 per unit March 9 Sales 420 units @ $85 per unit) March 18 Purchase 120 units @ $60 per unit March 25 Purchase 200 units @ $62 per unit March 29 Sales 160 units @ 595 per unit Totals 820 units 580 units Date 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO. () weighted average, and (cspecific 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, ard 120 units from the March 25 purchase. Weighted Perpetual FIFO Perpetual LIFO Average Specific Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO Goods Purchased Cost of Goods Sold Dato Cost per # of units Cost per # of units Cost of Goods Sold sold unit March 1 Inventory Balance Cost per Inventory # of units unit Balance 100 at $ 50.00 $ 5.000.00 unit March 5 Total March 5 March 9 Total March 9 March 18 NA