Part 4 of 4 1 points Required information: [The following information applies to the questions displayed below] Wamerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Date Activities Mar. Mar. 1 Beginning inventory 5 Purchase Units Acquired at Cost 160 units $50 per unit 460 units $55 per unit Units Sold at Retail eBook 9 Sales Mar. 18 Purchase: Mar. 25 Purchase Mar, 29 Sales Mar. 480 units @ $85 per unit Totals 240 units @ $60 per unit 320 units @ $62 per unit 1,180 units 280 units@ $95 per unit 760 units Print References For specific identification, the March 9 sale consisted of 60 units from beginning inventory and 420 units from the March 5 purchase; the March 29 sale consisted of 100 units from the March 18 purchase and 180 units from the March 25 purchase. 4. Compute gross profit earned by the company for each of the four costing methods (Round your average cost per unit to 2 decimal places and final answers to nearest whole dollar) FIFO LIFO Weighted Average Specific identification Sales $ 67,400 $ 67,400 $ 67,400 $ 67,400 Less. Cost of goods sold Gross profit $ 67.400 $ 67,400 S 67.400 $ 67,400