Question: 5 Home Help Save & Exit 7 The following information applies to the questions displayed below) Warnerwoods Company uses a perpetual inventory system. It entered
5 Home Help Save & Exit 7 The following information applies to the questions displayed below) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Part 4 Units Sold at Retail Date Activities Mar. Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 1B Purchase Mar. 25 Purchase Mar. 29 Sales Totals Units Acquired at Cost 100 units 565.00 per unit 400 units 570.00 per unit 120 units 375.00 per unit 200 units@ 77.00 per unit 12.5 point 420 units $100.00 per unit 128 units 160 units $110.00 per unit 580 units book 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar) FO LIO Avg. Cost Spec.in Gross Margin Soos Le cost of goods sold Gross pro
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