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Required information Problem 5-1A (Static) 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 Data Mate 1 Hoteh March Harol 10 Mar 25 MATON 20 MOELVETLEN tegning inventory Purchase 1 Purchase Turchase Sales Total Un tred at Cost 100 units 02650 per unit 400 units 455 per unit 120 unit) $60 per unit 200 units $62 per unit 420 units 905 pacant Ionita.095 per unit 500 820 units Problem 5-1A (Static) Part 4 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.) FIFO UFO Weighted Average Specific ID Gross Margin Sales LOS: Cost of goods sold Gross profit