Required information

Part $4$ of $4$

$[$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.

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, $210$ units from the March $5$ purchase, $60$ units from the March $18$ purchase, and $100$ units from the

March $25$ purchase.

Note: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar. $[$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 $130$ units @ $$51\mathrm{.}60$ per unit

March $5$ Purchase $240$ units @ $$56\mathrm{.}60$ per unit

March $9$ Sales $290$ units @ $$86\mathrm{.}60$ per unit

March $18$ Purchase $100$ units @ $$61\mathrm{.}60$ per unit

March $25$ Purchase $180$ units @ $$63\mathrm{.}60$ per unit

March $29$ Sales $160$ units @ $$96\mathrm{.}60$ per unit

Totals $650$ units $450$ units

$4.$ 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, $210$ units from the March $5$ purchase, $60$ units from the March $18$ purchase, and $100$ units from the March $25$ purchase.

Note: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.