Required information Problem 6-1A 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 Unit Sold at metall Units Acquired at Cost 210 units @ $53.20 per unit 280 units $50.20 per unit Date Activities Mar. 1 Beginning Inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar 25 Purchase Mar. 29 Sales Totals 370 units $88.20 per unit 140 units @ $63.20 per unit 260 units $65.20 per writ 890 units 240 units $98.20 per unit 610 units Problem 6-1A Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO. (O) LIFO (O) weighted average, and (c) specific identification For specific identification, the March 9 sale consisted of 120 units from beginning inventory and 250 units from the March 5 purchase the March 29 sale consisted of 100 units from the March 18 purchase and 140 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 FIEO: Goods Purchased Cost of Goods Sold #of Cost per of units Date Cost per Cost of Goods Sold units sold unit March 1 March 5 280 @ $58 201 Inventory Balance of units Cost per Inventory unat Balance 210 @ $53 20 $ 11,172,00 2801 $5320 = $ 14,896.00