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Warnerwoods Company uses a periodic Inventory system. It entered into the following purchases and sales transactions for March Units sold til Units Acquired at Gost

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Warnerwoods Company uses a periodic Inventory system. It entered into the following purchases and sales transactions for March Units sold til Units Acquired at Gost 100 units @ $50 per unit 400 units @ $55 per unit 420 unitse $85 per unit Ditis Activities Mar. 1 Beginning inventory Mar 5 Purchase Mar 9. Sales Har 18 Purchase Mar 25 Purchase Mar 29 Sales Totals 120 units $60 per unit 200 units@ $62 per unit 160 units@ $95 per unit 580 units 820 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. to 2 decimal 4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per un places and final answers to nearest whole dollar.) FIFO LIFO Weighted Average Specinia Identification Sales Les Cost of goods sold Gross profit

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