Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Date March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Sales Less: Cost of goods sold Gross profit Units Acquired at Cost 145 units @ $80 per unit 445 units @$85 per unit FIFO 210 units @ $90 per unit 290 units @ $92 per unit LIFO 1,090 units For specific identification, units sold include 90 units from beginning inventory, 375 units from the March 5 purchase, 85 units from the March 18 purchase, and 165 units from the March 25 purchase. 4. Compute gross profit earned by the company for each of the four costing methods. Note: Round your average cost per unit to 2 decimal places and final answers to nearest whole dollar. Units Sold at Retail Weighted Average 465 units @ $115 per unit Specific Identification 250 units @ $125 per unit 715 units

Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. For specific identification, units sold include 90 units from beginning inventory, 375 units from the March 5 purchase, 85 units from the March 18 purchase, and 165 units from the March 25 purchase. 1. Compute gross profit earned by the company for each of the four costing methods. Note: Round your average cost per unit to 2 decimal places and final answers to nearest whole dollar