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 Unito Sold at Retail Units Acquired at Cost 210 units $53.20 per unit 280 units @ $58.20 per unit Date March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals 370 unito $88.20 per unit 140 units @ $63.20 per unit 260 units @ $65.20 per unit 240 units e $98.20 per unit 610 units 890 units 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 120 units from beginning inventory, 250 units from the March 5 purchase, 100 units from the March 18 purchase, and 140 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) FIFO LIFO Weighted Specific ID Average 56,202 S 56,202 $ 56,202 $ 56,202 $ Gross Margin Sales Less: Cost of goods sold Gross profit