Help Save & Che 20 Part 4 of 4 12 points 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 March 1 Units sold at Retail Beginning inventory 100 units 550 per unit March 5 Purchase 400 units $55 per unit March 9 Sales 420 units $85 per unit March 18 Purchase 120 units 560 per unit March 25 Purchase 200 units 562 per unit March 29 Sales 168 units 595 per unit Totals 820 units 580 units eBook AN Print 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 80 units from beginning inventory, 340 units from the March 5 purchase, 40 units from the March 18 purchase, and 120 units from the March 25 purchase (Round weighted average cost per unit to 2 decimal places.) References FIFO LIFO Weighted Average Specific ID Gross Margin Sales Less: Cost of goods sold Gross profit w CS