For Perpetual FIFO,LIFO,Weighted Average, and Specific Identification.

Required information Problem 5-14 Perpetual: Alternative cost flows LO P1 (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 Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Aequired at Coat 180 units @ $52.60 per unit 265 units @ $57.60 per unit 125 units . $62.60 per unit 230 units $64.60 per unit 340 units + $87.60 per unit 800 units 210 units. $97.60 per unit 550 units Problem 5-1A Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO, (D) LIFO. (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 105 units from beginning inventory and 235 units from the March 5 purchase; the March 29 sale consisted of 85 units from the March 18 purchase and 125 units from the March 25 purchase