Question: compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted if 45 units from beginning inventory and



Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. 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 45 units from beginning inventory and 175 units from the March 5 purchase; the March 29 sale consisted of 25 units from the March 18 purchase and 65 units from the March 25 purchase Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below
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