f4 1 -ok nt ences [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 March 1 March 5 March 9 March 18 March 25 March 29 Gross Margin Activities Beginning inventory Purchase Sales Sales Less: Cost of goods sold Gross profit Purchase Purchase Sales Totals FIFO Units Acquired at Cost LIFO 80 units 215 units 75 units 130 units 500 units @$50.60 per unit @$55.60 per unit 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 55 units from beginning inventory, 185 units from the March 5 purchase, 35 units from the March 18 purchase, and 75 units from the March 25 purchase. Note: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar. Weighted Average @$60.60 per unit @ $62.60 per unit Units Sold at Retail Specific ID 240 units @ $85.60 per unit 110 units @ $95.60 per unit 350 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. - Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 55 nits from beginning inventory, 185 units from the March 5 purchase, 35 units from the March 18 purchase, and 75 units from the March 5 purchase. lote: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar