ACCTA 701 520 0141 - Prin of Accounting Ch 6 Homework (851 Youtube Ch 6 Homework Seved Help Save & Exit Check my 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 4 Joints Units Sold at Retail Sidipped Units Aequired at Coat 180 unitae $52.60 per unit 265 unito $57.60 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totala 340 unitse $87.60 per unit 125 unitse $62.60 per unit 230 unitae $64.60 per unit eBook 800 units 210 units $97.60 per unit 550 units References 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 105 units from beginning inventory and 235 units from the March 5 purchase, the March 29 sale consisted of 85 units from the March 18 purchase and 125 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) FIFO LIFO Avg. Cost ID Gross Margin Sales Less: Cost of goods sold Gross profit Till