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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 units from beginning inventory, units from the March purchase, units from the March purchase, and units from the March purchase.
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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions
for March.
Compute the cost assigned to ending inventory using FIFO, b LIFO, c weighted average, and specific identification. For
specific identification, units sold include units from beginning inventory, units from the March purchase, units from the
March purchase, and units from the March purchase.
