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Required Informetion [The following information applies to the questions displayed below.] Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and

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Required Informetion [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. For specific identfication, units sold include 40 units from beginning inventory, 430 units from the March 5 purchase, 90 units from the March 18 purchase, and 170 units from the March 25 purchase. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification, (Ro ur "everage cost per unit" to 2 declmal pleces.) c) Average Cost Required Informetion [The following information applles to the questions displayed below.] Warnerwoods Company uses a perlodic inventory system. It entered into the following purchases and sales transactions for March. For specific identification. units sold include 40 units from beginning inventory. 430 units from the March 5 purchase, 90 units from the March 18 purchase, and 170 units from the March 25 purchase. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal ces and final answers to nearest whole doller.)

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