3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 130 units from beginning inventory and 260 units from the March 5 purchase; the March 29 sale consisted of 110 units from the March 18 purchase and 150 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 Date # of units Cost per unit # of units sold Cost of Goods Sold Cost per unit Cost of Goods Sold # of units March 1 230 @ $ 53.60 Inventory Balance Cost per unit Inventory Balance $ 12,328.00 March 5 290 @ $ 58.60 290 @ $ 53.60 = $ 15,544.00 @ $ 58.60 $ 15,544.00 March 9 390 @ $ 53.60 = $ 20,904.00 @ $ 53.60 @ $ 58.60 = 0.00 @ $ 58.60 $ 20,904.00 March 18 150 @ $ 63.60 150 @ $ 53.60 $ 8,040.00 @ $ 58.60 @ $ 63.60 $ 8,040.00 March 25 280 @ $ 65.60 280 @ $ 53.60 = $ 15,008.00 @ $ 58.60 @ $ 63.60 @ $ 65.60 $ 15,008.00 March 29 260 @ @ $ 53.60 = $ 13,936.00 @ $ 53.60 $ 58.60 = 0.00 @ $ 58.60 $ 63.60 = 0.00 @ $ 63.60 $ 65.60 = 0.00 @ $ 65.60 $ 13,936.00 Totals $ 34,840.00 < Perpetual FIFO Perpetual LIFO >