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Required Information [The following informetion applies to the questions alspilayed below] Wemenwods Compony uses s perpetusl Inventory system. It entered into the following purchases and
Required Information [The following informetion applies to the questions alspilayed below] Wemenwods Compony uses s perpetusl Inventory system. It entered into the following purchases and sales trsnasctons for March. Compute groas profit esrned by the compsny for eoch of the four costing methoda. For specific identificstion, units sold lnclude 95 nits from beginning imentory, 225 units from the March 5 purchsse, 75 unlts from the Msrch 18 purchase, snd 115 units from the larch 25 purchsse. ote: Round welghted average cost per unlt to two decimals and finsl answers to nearest whole dollar
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