5 Part 4 of 4 Part 4 of 4 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 Retait March 1 Beginning inventory 218 units @ $53.28 per unit March 5 Purchase 280 units @ $58.28 per unit March 9 Sales 370 units sed.20 per unit March 16 Purchase 140 units @ $63.28 per unit March 25 Purchase 260 units $65.28 per unit March 29 Sales 248 units $98.28 per unit Totals B98 units 618 units 4. Compute gross profit earned by the company for each of the four costing methods. For specific Identification, units sold include 120 units from beginning inventory, 250 units from the Morch 5 purchase, 100 units from the March 18 purchase, and 140 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar) Gross Margin FIFO LIFO Welghted Average Specific ID Sales Loss Cost of goods sold Gross profit