5 term/Test #2-C4&56SeveRequired information(The following information applies to the questions displayed below]Warnerwoods Company uses a perpetual inventory system It entered into the following purchases and sales transactions2012for MarchActivitiesUnits Sold at Retail1 beginning InventoryUnits Acquired at Cost160 units@ $52.20 per unit255 units 157.20 per unitHarMar.PurchaseSales120 units@ $87.20 per unitMar. 18 Purchase115 units 362,20 per unit210 units@ $64.30 per unitPar 25 PurchaseMAfar: 29 Sales190 unit $97.20 per unit$10 units740 units3. Compute the cost assigned to ending inventory using a FIFO. D) LIFO, (c) weighted average, and (d) specific identification. Forspecific identification, the March 9 sale consisted of 95 units from beginning inventory and 225 units from the March 5 purchase, theMarch 29 sale consisted of 75 units from the March 18 purchase and 115 units from the March 25 purchase.Complete this question by entering your answers in the tabs below.Perpetual FIFO Perpetual LIFOWeightedAverageSpecific IdCompute the cost assigned to ending inventory using FIFO,PEOGoods PechasedCost of Goods SoldInventory BalanceCost perun# ofCost per Cost of Goods SoldDoneof itssoldunitsanitMann 1$52.20MachCost persnitof units160 @leventoryBalance$6.352.00

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Required information (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 Activities units old at Reall onits Acired at Cast 160 units@ $52. 255 units@ $57.20 1 beginning inventory 1. Purchase Sales per unit 120 units@ $87.20 per unit 13 Purchase 115 units 342.20 per unit 210 units@ $64. Par. 25 Purchase 190 $7.20 pet 530 units 740 units 3. Compute the cost assigned to ending inventory using a FIFO, LIFO, (dweighted average and specific identification For specific identification, the March 9 sale consisted of 95 units from beginning inventory and 225 units from the March 5 purchase, the March 29 sale consisted of 75 units from the March 18 purchase and 115 units from the March 25 purchase Complete this question by entering your answers in the tabs below. Weighted Perpetual FFC Petual LIFO Specific d Average Compute the cost assigned to ending inventory using FIFO