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Required information Problem 5-1A (Algo) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual
Required information Problem 5-1A (Algo) 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. Problem 5-1A (Algo) Part 4 . Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 115 nits from beginning inventory, 245 units from the March 5 purchase, 95 units from the March 18 purchase, and 135 units from the larch 25 purchase. lote: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar
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