Question: em I (P5-1A) Help Save & Exit Sub Check my wor Required information The following information applies to the questions displayed below] Warnerwoods Company uses
em I (P5-1A) Help Save & Exit Sub Check my wor Required information The following information applies to the questions displayed below] Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. 180 units $70 per unit 480 units $75 per unit Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales s00 units e s1e5 per unit I 280 units $80 per unit 360 units@ $82 per unit 320 units $115 per unit 820 units Totals 1,300 units For specific identification, the March 9 sale consisted of 90 units from beginning inventory and 410 units from the March 5 purchase; the March 29 sale consisted of 120 units from the March 18 purchase and 200 units from the March 25 purchase. ompute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c)weighted average, and (d) specifi tification omplete this question by entering your answers in the tabs below. K Prex 3 4 of 4
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