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 200 units@ $53.00 per unit 275 units@ $58.00 per unit 360 units @ $88.68 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 135 units@ $63.00 per unit 250 units @ $65.00 per unit 230 units@ $98.00 per unit 590 units 860 units roblem 6-1A Part 4 Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale onsisted of 115 units from beginning inventory and 245 units from the March 5 purchase the March 29 sale consisted of 95 units me March 18 purchase and 135 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and fi nswers to nearest whole dollar.) FIFO LIFO Avg. Cost Spec. ID Gross Margin Sales Less: Cost of goods sold Gross profit