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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. 4 . Compute gross profit earned by
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.
Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include units from beginning inventory, units from the March purchase, units from the March purchase, and units from the March purchase.
Note: Round weighted average cost per unit to decimal places.
tableGross Margin,FIFO,LIFO,Weighted Average,Specific IDSales$$$$Less: Cost of goods sold,,Gross profit,$$$
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