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Required information

Problem $5-1$A $($Algo$)$ Perpetual: Alternative cost flows LO P$1$

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

for March.

Problem $5-1$A $($Algo$)$ Part $3$

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 $110$ units from beginning inventory, $240$ units from the

March $5$ purchase, $90$ units from the March $18$ purchase, and $130$ units from the March $25$ purchase.

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Compute the cost assigned to ending inventory using FIFO.