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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

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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 200 units $53.00 per unit 275 units e $58.00 per unit nits Sold at Retail Mar. 1 Beginning inventory Nar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar.29 Sales 360 unitse $88.00 per unit 135 units $63.00 per unit 250 units $65.00 per unit 230 units$98.00 per unit 590 units Totals 860 units pute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 115 from the March 18 purchase and 135 units from answers to nearest whole dollar) s units from beginning inventory and 245 units from the March 5 purchase; the March 29 sale consits om the March 25 purchase. (Round weighted average cost per unit to two decimals and final Gros Sales Less: Cost of goods sold Gross prof s Margin FIFO LIFO Avg. Cost Spec. ID

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