Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

$\backslash$table$[[$Date$,$Activities,Units,Acquired at Cost,Units Sold at Retail$],[\backslash$table$[[$March $1],[$March $5]],\backslash$table$[[$Beginning inventory$],[$Purchase$]],\backslash$table$[[130$ units$],[240$ units$]],$@ $$51\mathrm{.}60$ per unit,$],[$March $9,\backslash$table$[[$Sales$]],240$ units,@ $$56\mathrm{.}60$ per unit,$],[\backslash$table$[[$March $18],[$March $25]],\backslash$table$[[$Purchase$],[$Purchase$]],\backslash$table$[[100$ units$],[180$ units$]],\backslash$table$[[$@ $$61\mathrm{.}60$ per unit$],[$@ $$63\mathrm{.}60$ per unit$]],$$$00\mathrm{.}00$ per un$1$t$],[$March $29,$Sales,$180$ units,$($d $$63\mathrm{.}60$ per unit,$160$ units @$$96\mathrm{.}60$ per unit$],[,$Totals,$650$ units,,$450$ units$]]$

Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include $80$ units from beginning inventory, $210$ units from the March $5$ purchase, $60$ units from the March $18$ purchase, and $100$ units from the March $25$ purchase.

Note: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.

$\backslash$table$[[$Gross Margin,FIFO,LIFO,$\backslash$table$[[$Weighted$],[$Average$]],$Specific ID$],[$Sales$,,,,],[$Less: Cost of goods sold,,,,$],[$Gross profit,,,,$]]$

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

$\backslash$table$[[$Date$,$Activities,Units,Acquired at Cost,Units Sold at Retail$],[\backslash$table$[[$March $1],[$March $5]],\backslash$table$[[$Beginning inventory$],[$Purchase$]],\backslash$table$[[130$ units$],[240$ units$]],$@ $$51\mathrm{.}60$ per unit,$],[$March $9,\backslash$table$[[$Sales$]],240$ units,@ $$56\mathrm{.}60$ per unit,$],[\backslash$table$[[$March $18],[$March $25]],\backslash$table$[[$Purchase$],[$Purchase$]],\backslash$table$[[100$ units$],[180$ units$]],\backslash$table$[[$@ $$61\mathrm{.}60$ per unit$],[$@ $$63\mathrm{.}60$ per unit$]],$$$00\mathrm{.}00$ per un$1$t$],[$March $29,$Sales,$180$ units,$($d $$63\mathrm{.}60$ per unit,$160$ units @$$96\mathrm{.}60$ per unit$],[,$Totals,$650$ units,,$450$ units$]]$

Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include $80$ units from beginning inventory, $210$ units from the March $5$ purchase, $60$ units from the March $18$ purchase, and $100$ units from the March $25$ purchase.

Note: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.

$\backslash$table$[[$Gross Margin,FIFO,LIFO,$\backslash$table$[[$Weighted$],[$Average$]],$Specific ID$],[$Sales$,,,,],[$Less: Cost of goods sold,,,,$],[$Gross profit,,,,$]]$

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

$4.$ Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include $80$ units from beginning inventory, $210$ units from the March $5$ purchase, $60$ units from the March $18$ purchase, and $100$ units from the March $25$ purchase.

Note: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.