Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail Units Acquired at Cost 140 units @ $51.80 per unit 245 units @ $56.80 per unit Date March 1 March 5 March 9 March 18 March 25 March 29 300 units @ $86.80 per unit Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals 105 units @ $61.80 per unit 190 units @ $63.80 per unit 170 units @ $96.80 per unit 470 units 680 units 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 85 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. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) FIFO LIFO Weighted Average Specific ID Gross Margin Sales Less: Cost of goods sold Gross profit ! Required information [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 Sold at Retail Units Acquired at Cost 110 units @ $45 per unit 410 units @ $50 per unit Date March 1 March 5 March 9 March 18 March 25 March 29 430 units @ $80 per unit Activities Beginning inventory Purchase Sales Purchase Purchase Sales Totals 140 units 220 units @ $55 per unit @ $57 per unit 180 units @ $90 per unit 610 units 880 units For specific identification, units sold include 60 units from beginning inventory, 370 units from the March 5 purchase, 50 units from the March 18 purchase, and 130 units from the March 25 purchase. 2. Compute the number of units in ending inventory. Ending inventory units