Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date March 1 March 5 March 9 March 18 March 25 March 29 Gross Margin Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals Sales Less: Cost of goods sold Gross profit FIFO 42,496 $ 26,421 LIFO Units Acquired at Cost @$51.80 per unit @$56.80 per unit 140 units 245 units 105 units 190 units 680 units 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include units from beginning inventory, 215 units from the March 5 purchase, 65 units from the March 18 purchase, and 105 units from the March 25 purchase. Note: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar. Weighted Average 42,496 $ @ $61.80 per unit @ $63.80 per unit Specific ID 42,496 $ Units Sold at Retail 42,496 300 units @ $86.80 per unit 170 units @ $96.80 per unit 470 units