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.

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 Units sold at Retail Date Activities Mar.1 Beginning inventory Mr. 5 Purchase Mar. 9 Sales Mar. 10 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Unit Neguired at Cont 230 units $53.60 per unit 290 units 550.60 per unit 150 units $63.60 per unit 280 units $65.60 per unit 390 unita 0.60 per unit 260 units $98.60 per unit 650 units 950 units