Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales...
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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.
[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. Compute the cost assigned to ending inventory using (a) FIFO, (b) UFO, (c) weighted average, and ( d ) specific identification, For pecific identification, units sold include 55 units from beginning inventory, 185 units from the March 5 purchase, 35 units from the larch 18 purchase, and 75 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using FIFO. Help (1) Required information Permetual Lifo -3
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