l ine rolowing inrormavon appues to tne quesions aispiayea beiow Warnerwoods Company uses a perpetual Inventory system. t entered into the following purchases and sales transactions for March. ActivitiesUnits Acquired at Cost Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Units Sold at Retail 250 units$54.00 per unit 300 units$59.00 per unit 410 units $89.00 per unit 160 unita $64.00 per unit 300 units $66.00 per unit 280 unito $99.00 per unit 690 units 1,010 units Totals Problem 6-1A Part4 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 140 units from beginning inventory and 270 units from the March 5 purchase; the March 29 sale consisted of 120 units from the March 18 purchase and 160 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) Spec. ID Avg. Cost Gross Margin Sales Less: Cost of goods sold Gross proft FIFO LIFO