Help Save& Che Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 [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 Mar. 1 Beginning inventory190 units$52.80 per unit Mar. 5 Purchaae Mar. 9 Salea Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 270 unita 657.80 per unit 50 units9 $87.80 per unit 130 unite 62.80 per unit 240 unit0 S64.80 per unit 220 unita 97.80 per unit Totals 830 units 570 unitS Problem 6-1A Part 4 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 110 units from beginning inventory and 240 units from the March 5 purchase: the March 29 sale consisted of 90 units from the March 18 purchase and 130 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar Check Mar. 25 Purchase Mar.29 Sales 240 units $64.80 per unit 20 units $97.80 per unit 570 units Totals 830 units Problem 6-1A Part 4 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 110 units from beginning inventory and 240 units from the March 5 purchase the March 29 sale consisted of 90 units from the March 18 purchase and 130 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole doller.) Gross Margin Sales Less: Cost of goods sold Gross profit FIFO LIFOAvg. Cost Spec. ID