5 Homework Help Saved 4 Required information The following information applies to the questions displayed below. Warnerwoods Company uses a perpetual inventory system. It entered into the tollowing purchases and sales transactions for March. DateActivities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 sales its Acquired at Cost its Sold at Retail 220 units@$53.40 per unit 285 units $58.40 per unit 145 units$63.40 per unit 380 unitse 88.40 per unit 270 units$65.40 per unit elook 250 units@$98.40 per unit Totals 920 units Relerences 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 125 units from beginning inventory and 255 units from the March 5 purchase: the March 29 sale consisted of 105 units fom the Morch 18 pu chame and As umis from the March 25 purchase Round veighted averoge cost per unit to two se h 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) FIFO LIFO Saies Less Cost of goods sold Geoss prol