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Please help me with the Specific ID chart. Thank you

Please help me with the Specific ID chart. Thank you

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me with the Specific ID chart. Thank you
to.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.c... A ework i Required information Perpetual FIFO Perpetual LIFO Date March 1 March 5 March 18 March 25 Total Weighted Average Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 75 units from beginning inventory, 205 units from the March 5 purchase, 55 units from the March 18 purchase, and 95 units from the March 25 purchase. Goods Available for Sale # of units Specific Id 0 Cost per unit Cost of Goods Available for Sale $ $ Specific Identification 0 0 0 0 0 Saved # of units sold Cost of Goods Sold < Prev 0 Cost per unit $ < Weighted Average Cost of Goods Sold 0.00 $ 0.00 0.00 S 7 8 $ of 8 0 0 0 0 Ending Inventory Cost per unit # # of units in ending inventory Specific id > 0 Ending Inventory $ 0.00 $ 0.00 0.00 0.00 Next > wor $ 0 0 0 Help 0 0 Save & Exit D Check
Transcribed Image Text:to.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.c... A ework i Required information Perpetual FIFO Perpetual LIFO Date March 1 March 5 March 18 March 25 Total Weighted Average Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include 75 units from beginning inventory, 205 units from the March 5 purchase, 55 units from the March 18 purchase, and 95 units from the March 25 purchase. Goods Available for Sale # of units Specific Id 0 Cost per unit Cost of Goods Available for Sale $ $ Specific Identification 0 0 0 0 0 Saved # of units sold Cost of Goods Sold < Prev 0 Cost per unit $ < Weighted Average Cost of Goods Sold 0.00 $ 0.00 0.00 S 7 8 $ of 8 0 0 0 0 Ending Inventory Cost per unit # # of units in ending inventory Specific id > 0 Ending Inventory $ 0.00 $ 0.00 0.00 0.00 Next > wor $ 0 0 0 Help 0 0 Save & Exit D Check
Required information Problem 5-1A (Algo) 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 March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Problem 5-1A (Algo) Part 3 Saved Units Acquired at Cost 120 units @ $51.40 per unit 235 units @ $56.40 per unit 95 units 170 units 620 units @ $61.40 per unit @ $63.40 per unit. < Prev Complete this question by entering your answers in the tabs below. 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 75 units from beginning inventory, 205 units from the March 5 purchase, 55 units from the March 18 purchase, and 95 units from the March 25 purchase. 7 8 of 8 Units Sold at Retail ▬▬ 280 units @ $86.40 per unit 150 units @ $96.40 per unit 430 units. Next >
Transcribed Image Text:Required information Problem 5-1A (Algo) 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 March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Problem 5-1A (Algo) Part 3 Saved Units Acquired at Cost 120 units @ $51.40 per unit 235 units @ $56.40 per unit 95 units 170 units 620 units @ $61.40 per unit @ $63.40 per unit. < Prev Complete this question by entering your answers in the tabs below. 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 75 units from beginning inventory, 205 units from the March 5 purchase, 55 units from the March 18 purchase, and 95 units from the March 25 purchase. 7 8 of 8 Units Sold at Retail ▬▬ 280 units @ $86.40 per unit 150 units @ $96.40 per unit 430 units. Next >
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