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Warnerwoods Company uses a perpetual inventory system. Itentered into the following purchases and sales transac for March.Activities Date Mar. 1 Beginning inventory Mar. 5 Purchase

Warnerwoods Company uses a perpetual inventory system. Itentered into the following purchases and sales transac for March.Activities Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9Sales. Mar Compute the cost assigned to ending inventory using FIFO.4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, th 2 answers

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