Required information (The foiiowing information applies to the questions displayed beiwj Warnenvoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date ctivities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 116 units@ $51.26 per unit Mar. 5 Purchase 236 units@ $56.26 per unit Mar. 9 Sales 276 units@ $36.26 per unit Mar. 18 Purchase '36 units@ $61.26 per unit Mar. 25 Purchase 166 units@ $63.26 per unit Mar. 29 Sales 146 units@ $96.26 per unit Totals 596 units 416 units 4. Compute gross prot earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 70 units from beginning inventory and 200 units from the March 5 purchase; the March 29 sale consisted of 50 units from the March 18 purchase and 90 units from the March 25 purchase. (Round weighted average cost per unit 1.0 two decimals and nal answers 1.0 nearest whole dollar.) Less: Cost of goods sold Gross profit