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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
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. Date Mar. 1 Beginning Inventory Mar S Purchase Mar.9 Sales Mar 18 Punchase Mar 25 Purchase Mar. 29 Sales 258 units$54.80 per unit 389 units$59.8e per unit 419 units $89.88 per unit 168 units $64.60 per unit 80 units $66.8e per unit 28e units $99.00 per unit 699 units Totals 1,018 units 4. Compute gross profit earned by the company for each of the four costing methods. For specific identfication, the March 9 sale consisted of 140 units from beginning inventory and 270 units from the March 5 purchase; the March 29 sale consisted of 120 units from the March 18 purchase and 160 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) LIFO vg Cost Spec iD FIFO S4.210 84.210 84.21O84210 Sales Less Cost of goods sold Gross profc
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