Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1 Skip to question [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. Date Activities Units Acquired at Cost Units Sold at Retail March 1 Beginning inventory 200 units @ $53.00 per unit March 5 Purchase 275 units @ $58.00 per unit March 9 Sales 360 units @ $88.00 per unit March 18 Purchase 135 units @ $63.00 per unit March 25 Purchase 250 units @ $65.00 per unit March 29 Sales 230 units @ $98.00 per unit Totals 860 units 590 units Problem 6-1A (Algo) Part 4 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 115 units from beginning inventory, 245 units from the March 5 purchase, 95 units from the March 18 purchase, and 135 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.)