Question: only need help with specific ID Required information Problem 5-1A Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.)
Required information Problem 5-1A 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 Acquired at Cost 220 unita $53.40 per unit 285 units $58.40 per unit 145 unitse $63.40 per unit 270 unitse $65.40 per unit 380 units & $88.40 per unit 250 units @ $98.40 per unit 630 units 920 units Problem 5-1A Part 3 3. Compute the cost assigned to ending inventory using (0) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 125 units from beginning inventory and 255 units from the March 5 purchase; the March 29 sale consisted of 105 units from the March 18 purchase and 145 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific la Compute the cost assigned to ending Inventory using specific identification. For specific identification, the March 9 sale consisted of 125 units fi and 255 unite from the March 5 nurhace the March 19 cale mncicter nf 105 unite from the March 1A nurhace and 145 unite from the March
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