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

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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Units Sold at Retail Units Acquired at Cost 110 units@ $51.20 per unit 230 units @ $56.20 per unit Date Activities 1 Beginning inventory 5 Purchase 9 Sales Mar. Mar. 270 units@ $86.20 per unit Mar. 90 units@ $61.20 per unit 160 units@ $63.20 per unit Mar. 18 Purchase Mar, 25 Purchase Mar, 29 Sales 140 units @ $96.20 per unit 410 units 590 units Totals and (di specific identification need help with the prepetual FIFO, prepetual LIFO, weight average, specific Id Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Units Sold at Retail Units Acquired at Cost 110 units@ $51.20 per unit 230 units @ $56.20 per unit Date Activities 1 Beginning inventory 5 Purchase 9 Sales Mar. Mar. 270 units@ $86.20 per unit Mar. 90 units@ $61.20 per unit 160 units@ $63.20 per unit Mar. 18 Purchase Mar, 25 Purchase Mar, 29 Sales 140 units @ $96.20 per unit 410 units 590 units Totals and (di specific identification need help with the prepetual FIFO, prepetual LIFO, weight average, specific Id

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LIFO WAC Working note Purchased on 5th March 230 x 56... View the full answer