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Part 4 of 4 0.5 points Required information [The following information applies to the questions displayed below] Warnerwoods Company uses a periodic inventory system. It

Part 4 of 4 0.5 points Required information [The following information applies to the questions displayed below] Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Activities Beginning inventory Purchase Sales Purchase Purchase Date March 1 March 5 March 9 March 18 eBook March 25 March 29 Sales Print Totals Units Acquired at Cost 115 units @ $50 per unit 415 units $55 per unit 150 units @ $60 per unit 230 units $62 per unit 910 units Units Sold at Retail 435 units @ $85 per unit 190 units @$95 per unit 625 units References For specific identification, the March 9 sale consisted of 50 units from beginning inventory and 385 units from the March 5 purchase; the March 29 sale consisted of 55 units from the March 18 purchase and 135 units from the March 25 purchase. 4. Compute gross profit earned by the company for each of the four costing methods. Note: Round your average cost per unit to 2 decimal places and final answers to nearest whole dollar. FIFO LIFO Weighted Specific Average Identification Sales Less: Cost of goods sold Gross profit $ 0$ 05 0 $

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