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. Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 250 units $54.00 per unit Mar. 5 Purchase 300 units a $59.00 per unit Mar. 9 Sales 410 units a $89.00 per unit Mar. 18 Purchase 160 units $64.00 per unit Mar. 25 Purchase 300 units $66.00 per unit Mar. 29 Sales 280 units $99.00 per unit Totals 1010 units 690 units Award: 1.91 points Problem 5-1A Part 4 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 140 units from beginning inventory and 270 units from the March 5 purchase; the March 29 sale consisted of 120 units from the March 18 purchase and 160 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dotter Assignment Print View FIFO LIFO Avg. Cost Spec. ID Gross Margin Sales Less: Cost of goods sold Gross profit