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 Units Sold at Retail Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 150 units $52.00 per unit 25e units 557.ee per unit 110 units 562.00 per unit 200 units $64.00 per unit 310 units & $87.ee per unit 710 units 180 units $97.00 per unit 490 units 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 90 units from beginning inventory and 220 units from the March 5 purchase, the March 29 sale consisted of 70 units from the March 18 purchase and 110 units from the March 25 purchase (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar) FIFO LIFO Avg. Cost Spec. ID Gross Margin Sales Less: Cost of goods sold Gross profit