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. Date Activities Units Acquired at Cont Units sold at Retail Mar. 1 Beginning inventory 80 units e $50.60 per unit Mar. 5 Purchase 215 units & $55.60 per unit Mar. 9 Sales 240 units $85.60 per unit Mar. 18 Purchase 75 unita $60.60 per unit Mar. 25 Purchase 130 unita @ $62.60 per unit Mar. 29 Sales 110 unita $95.60 per unit Totals 500 unita 350 units Required Information Perpetual FIFO: Cout of Goods Sold C Cool per Imory units of units sold unit Cost of Goods Sold March 1 80 $ 50.60 $ 4,048.00 March 5 March 9 March 18 March 25 March 29 Required Information Perpetual LIFO: Goods Purchased of units unit Date Cont per of units sold Cost of Goods Sold Cost per cost of Goods Sold unit of units Inventory Bannes Cooper Inventory Balanc $ 50.60 $ 4,048.00 March 1 80 March 5 March 9 March 18 March 26 March 29 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 Cost of Goods Sold Inventory Balance Date o of units Cost per Coat pe Cost of Goods Bold of units Inventory Balance units unit sold unit ant March 1 80 $ 50.60 - $ 4,048.00 Cost per March 5 Averago March 9 March 18 Average March 25 March 29 Totals 0.00 Specific Identification: Goods Purchaud not Date unit unit March 1 Cool por Cost of Goods Sold of units Cost of Goods sold unit Sald Cost per Inventon Balance Coat per of units Inventory Balance 80 @ $50,60 = $ 4,048.00 March 5 March 9 March 18 March 25 March 29