PLEASE FILL OUT $4$ TABLES.

$(1$

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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

$\backslash$table$[[$Date$,$Activities,Units,Acquired at Cost,Units Sold at Retail$],[$March $1,$Beginning inventory.,$100$ units,@ $$51\mathrm{.}00$ per unit,$],[$March $5,$Purchase,$225$ units,@ $$56\mathrm{.}00$ per unit,$],[$March $9,$Sales,,,$260$ units @ $$86\mathrm{.}00$ per unit$],[$March $18,$Purchase,$85$ units,@ $$61\mathrm{.}00$ per unit,$],[$March $25,$Purchase,$150$ units,@ $$63\mathrm{.}00$ per unit,$],[$March $29,$Sales,,,$130$ units @ $$96\mathrm{.}00$ per unit$],[,$Totals,$560$ units,,$390$ units$]]$

Compute the cost assigned to ending inventory using

$($a$)$ FIFO,

$($b$)$ LIFO,

$($c$)$ weighted average, and

$($d$)$ specific identification. For specific identification, units sold include $65$ units from beginning inventory, $195$ units from the March $5$ purchase, $45$ units from the March $18$ purchase, and $85$ units from the March $25$ purchase.

Complete this question by entering your answers in the tabs below.

Perpetual FIFO Perpetual LIFO

Weighted

Average

Specific Id

$(1$

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.

$\backslash$table$[[$Date$,$Activities,Units Acquired at Cost,Units Sold at Retail$],[-$ March $1,$Beginning inventory.,$100$ units @ $$51\mathrm{.}00$ per unit,$],[$March $5,$Purchase,$225$ units @ $$56\mathrm{.}00$ per unit,$],[$March $9,$Sales,,$260$ units @ $$86\mathrm{.}00$ per unit$],[$March $18,$Purchase,$85$ units @ $$61\mathrm{.}00$ per unit,$],[$March $25,$Purchase,$150$ units @ $$63\mathrm{.}00$ per unit,$],[$March $29,$Sales,,$130$ units @ $$96\mathrm{.}00$ per unit$],[$Totals$,560$ units,$390$ units$]]$

Compute the cost assigned to ending inventory using

$($a$)$ FIFO,

$($b$)$ LIFO,

$($c$)$ weighted average, and

$($d$)$ specific identification. For specific identification, units sold include $65$ units from beginning inventory, $195$ units from the March $5$ purchase, $45$ units from the March $18$ purchase, and $85$ units from the March $25$ purchase.

Complete this question by entering your answers in the tabs below.