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. Units Acquired at Cost Units Sold at Retal Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 100 units o $50 per unit 400 units @ $55 per unit 120 units $60 per unit 420 units $85 per unit 200 units @ $62 per unit 160 units o $95 per unit Totals 820 units 580 units For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase