You skipped this Required information Problem 5.1A (Algo) Periodic: Alternative cost flows LO P1 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 Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar 25 Purchase Mar 29 Sales Totals Units Acquired at Cost 180 units@ $70 per unit 480 units 375 per unit 2:30 units 500 per unit 360 units @ 582 per unit 500 unitse $105 per unit 320 units $115 per unit 820 units 1,300 units For specific identification, the March 9 sale consisted of 90 units from beginning inventory and 410 units from the March 5 purchase, the March 29 sale consisted of 120 units from the March 18 purchase and 200 units from the March 25 purchase Problem 5-1A (Algo) Part 4 4. Compute gross profit earned by the company for each of the four costing methods (Round your average cost per unit to 2 decimal places and final answers to nearest whole dollar) Specific Identification FIFO Weighted Average LIFO Sales Less Cost of goods sold Gross profit 05 0$ 0 $ 05