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table [ [ Date , Activities,Units Acquired at Cost,Units Sold at Retail ] , [ March 1 , Beginning inventory, 1 8 0 units

\table[[Date,Activities,Units Acquired at Cost,Units Sold at Retail],[March 1,Beginning inventory,180 units @ $52.60 per unit,],[March 5,Purchase,265 units @ $57.60 per 4unit,],[March 9,Sales,,340 units @ $87.60 per unit],[March 18,Purchase,@ $62.60 per unit,],[March 25,Purchase,@ $64.60 per unit,],[March 29,Sales,,210 units @ $97.60 per unit],[Totals,800 units,550 units]]
Problem 5-1A (Algo) Part 4
4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 105 units from beginning inventory, 235 units from the March 5 purchase, 85 units from the March 18 purchase, and 125 units from the March 25 purchase.
Note: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.
\table[[Gross Margin,FIFO,LIFO,\table[[Weighted],[Average]],Specific ID],[Sales],[Less: Cost of goods sold],[Gross profit,,,,]]
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