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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 Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 70 units@ $50.48 per unit Mar. 5 Purchase 210 units @ $55.40 per unit Mar. 9 Sales 230 units @ $85.40 per unit Mar. 18 Purchase 70 units@ $60.40 per unit Mar. 25 Purchase 120 units@ $62.4e per unit Mar. 29 Sales 100 units @ $95.40 per unit Totals 470 units 330 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cont of Goods Avallable for Sale Cost per Cost of Goods # of units Unit Available for Sale Beginning inventory Purchases: March 5 March 18 March 25 Total ! 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 Date Activities Units Acquired at Cost Units sold at Retail Mar. 1 Beginning inventory 70 units @ $50.40 per unit Mar. 5 Purchase 210 units @ $55.40 per unit Mar. 9 Sales 238 units@ $85.40 per unit Mar. 18 Purchase 70 units@ $60.40 per unit Mar. 25 Purchase 120 units@ $62.40 per unit Mar. 29 Sales 100 units@ $95.40 per unit Totals 470 units 330 units 2. Compute the number of units in ending inventory Ending inventory units ! 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 Units sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 70 units@ $50.40 per unit 210 units@ $55.40 per unit 70 units@ $60.40 per unit 120 units @ $62.40 per unit 230 units @ $85.40 per unit 100 units a $95.48 per unit 330 units 470 units 3. Compute the cost assigned to ending inventory using (a) FIFO. (D) LIFO. (c) weighted average, and (d) specific identification For specific identification, the March 9 sale consisted of 50 units from beginning inventory and 180 units from the March 5 purchase; the March 29 sale consisted of 30 units from the March 18 purchase and 70 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 FIFO: Goods Purchased Cost of Goods Sold Costa of units Gostar Inventory Balance Contor Inventor Required information Perpetual FIFO: Goods Purchased of Cost per units unit Cost of Goods Sold Cost per Cost of Goods Sold unit Inventory Balance Cost per Inventory # of units unit Balance 70 @ $ 50.40 $ 3,528.00 # of units sold Date March 1 March 5 March 9 March 18 March 25 March 29 Totals 0.00 Check Required information Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Goods Purchased # of Cost per units unit Cost of Goods Sold #of units sold unit Cost of Goods Sold Date Cost per Inventory Balance Cost per Inventory # of units unit Balance 70 @ $ 50.40 = $ 3,528.0 March 1 March 5 March 9 March 18 March 25 March 18 March 25 March 29 Totals 0.00 Perpetual FIFO Weighted Average > Check my work or specific identification, the March 9 sale consisted of 50 units from beginning inventory and 180 units from the March 5 urchase; the March 29 sale consisted of 30 units from the March 18 purchase and 70 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 weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased of Date units unit March 1 Cost per Cost of Goods Sold of units Cost per cost of Goods Sold sold unit Inventory Balance # of units Cost per unit Inventory Balance 70 @ $50.40 $ 3,528.00 March 5 Average March 9 March 18 Average March 25 March 29 Totals $ 0.00 Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using specific identification. For specific identificat and 180 units from the March 5 purchase; the March 29 sale consisted of 30 units from the March Specific Identification: Goods Purchased Cost of Goods Sold Ins ighted erage Specific to ling inventory using specific Identification. For specific identification, the March 9 sale consisted of 50 units from beginning inventory urchase; the March 29 sale consisted of 30 units from the March 18 purchase and 70 units from the March 25 purchase. Specific Identification: Goods Purchased # of Date units unit March 1 Cost per Cost of Goods Sold # of units Cost of Goods sold unit Sold Cost per Inventory Balance Cost per # of units unit Inventory Balance 70 @ $50.40 = $ 3,528.00 March 5 March 9 March 18 March 25 March 29 Totals S 0.00 Weighted Average Ecco

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