Question: please make it clear as to what goes into each field thanks! Required information of 4 [The following information applies to the questions displayed below.]

 please make it clear as to what goes into each field

thanks! Required information of 4 [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 ok Units Acquired at Cost 220 units @ $53.40 per unit

please make it clear as to what goes into each field thanks!

Required information of 4 [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 ok Units Acquired at Cost 220 units @ $53.40 per unit 285 units @ $58.40 per unit 380 units @ $88.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 145 units @ $63.40 per unit 270 units @ $65.40 per unit 250 units @ $98.40 per unit 630 units 920 units 3. Compute the cost assigned to ending inventory using (a) 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 Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Goods Purchased Cost of Goods Sold Inventory Balance Inventory # of units unit Balance Cost per # of Cost per # of units Cost per minit Date Cost of Goods Sold Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Cost of Goods Sold Goods Purchased # of units unit Cost per Date # of units sold Cost per unit Cost of Goods Sold Inventory Balance Cost per # of units Inventory unit Balance 220 @ $ 53.40 = S 11.748.00 March 1 March 5 March 9 March 18 March 25 March 29 Totals 0.00 Specic Tu Perpetuai riro Perpetual Liro Average Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Cost of Goods Sold Cost per Goods Purchased # of units unit Cost per # of units sold Cost per unit Cost of Goods Sold Inventory Balance Inventory # of units unit Balance 220 @ $ 53.40 = $ 11.748.00 Date March 1 March 5 March 9 March 18 March 25 March 29 0.00 Totals Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased # of Cost per Date units unit Cost of Goods Sold # of units unit Cost per cost of Goods Sold Inventory Balance Cost per # of units Inventory Balance unit 220 @ $ 53.40 = $ 11.748.00 sold March 1 March 5 Average March 9 March 18 Average March 25 March 29 Totals $ 0.00

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