![]() For specific identification, units sold include 105 units from beginning inventory, 235 units from the Marchĥ purchase, 85 units from the March 18 purchase, and 125 units from the March 25 purchase. Units Sold at Retail Units Acquired at Cost 150 email protected 52.00 per unit 250 email protected 57.80 per unit 310 units 87.80 per unit Date Activities Mar. It entered into the following purchases and sales transactions for March. March 18 purchase, and 125 units from the March 25 purchaseĬompute the cost assigned to ending inventory using specific identification. Warnerwoods Company uses a perpetual inventory system. Specific identification, units sold include 105 units from beginning inventory, 235 units from the March 5 purchase, 85 units from the ![]() Compute the cost assigned to ending inventory using specific identification. ![]() Warnerwoods Company uses a perpetual inventory system. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c weighted average, and (d) specific Identification. Transcribed image text: Required information The following information applies to the questions displayed below. March 18 purchase, and 125 units from the March 25 purchase.Ĭomplete this question by entering your answers in the tabs below.Ĭompute the cost assigned to ending inventory using FIFO.ģ. Specific identification, units sold include 105 units from beginning inventory, 235 units from the March 5 purchase, 85 units from Warnerwoods Company uses a perpetual inventory system. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c weighted average, and (d) specific Identification. It entered into the following purchases and sales transactionsģ. It entered into the following purchases and sales transactions for March Units Sold at Retail war Units Acquired at Cost 190 units 52.80 per unit 270 units 557.30 per unit Date Activities Mar. ![]() Warnerwoods Company uses a perpetual inventory system. Transcribed image text: Warnerwoods Company uses a perpetual inventory system.
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