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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. - Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 50 nits from beginning inventory, 180 units from the March 5 purchase, 30 units from the March 18 purchase, and 70 units from the larch 25 purchase. ote: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar
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