! Required information [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 Activities 1 Beginning inventory Units Acquired at Cost 160 units $52.20 per unit 255 units $57.20 per unit Units Sold at Retail Date Mar 5 Purchase ar. 320 units $87.20 per unit Mar. 9 Sales 115 units $62.20 per unit 210 units $64.20 per unit Mar. 18 Purchase Mar. 25 Purchase 190 units $97.20 per unit Mar. 29 Sales 740 units 510 units Totals 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 95 units from beginning inventory and 225 units from the March 5 purchase; the March 29 sale consisted of 75 units from the March 18 purchase and 115 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) FIFO Spec. ID Gross Margin LIFO Avg. Cost 46,372 $ S Sales $ 46,372 46,372 46,372 Less: Cost of goods sold Gross profit