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. Units sold at Retail Date March 1 March 5 March 9 March 18 March 25 March 29 Activities Beginning inventory Purchase Sales Purchase Purchase Sales otals Units Acquired at cost 125 units @ $60 per unit 425 units @ $65 per unit 170 units @ $70 per unit 250 units @ $72 per unit 445 units @ $95 per unit 970 units 210 units @ $105 per unit 655 units For specific Identification, units sold include 80 units from beginning Inventory, 365 units from the March 5 purchase, 65 units from the March 18 purchase, and 145 units from the March 25 purchase. 4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unlt to 2 decimal places and final answers to nearest whole dollar.) FIFO LIFO Weighted Average S 64,325 Specific Identification S 64,325 Sales S 64,325 $ 64,325 Less: Cost of goods sold Gross profit S 64,325 S 64,325 S 64,325 S 64,325