Question: Please answer all I will thumbs you up! Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory
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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. 2. Compute the number of units in ending inventory. Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For pecific identification, units sold include 60 units from beginning inventory, 190 units from the March 5 purchase, 40 units from the larch 18 purchase, and 80 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using FIFO. Compute the cost assigned to ending inventory using FIFO. Compute the cost assigned to ending inventory using LiFO. Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using specific identification. For specific identilication, units sold include 60 units from beginning inventory, 190 units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the March 25 purchase. Warnerwoods. Company uses a perpetual inventory system. It entered into the iollowing purchases and sales transactions for March. . Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 60 nits from beginning inventory, 190 units from the March 5 purchase, 40 units from the March 18 purchase, and 80 units from the larch 25 purchase. lote: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar
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