can you explain as well please.

! Required information Problem 5-1A (Algo) Periodic: Alternative cost flows LO P1 [The following information applies to the questions displayed below) Womerwoods Company uses a periodic Inventory system. It entered into the following purchases and sales transactions for March Date Activities Units Acquired at cost Unit Holden Mar 1 Beginning inventory 115 units 550 per unit Mar. 5 Purchase 415 unita $55 per unit Mar 9 Sales 435 unitse 185 per unit Mar. 10 Purchase 150 units : 560 per unit Mar. 25 Purchase 230 unita 562 per shit Mar 29 Sales 190 units 695 per unit Totals 910 units 625 units For specific identification, the March 9 sale consisted of 50 units from beginning inventory and 385 units from the March 5 purchase, the March 29 sale consisted of 55 units from the March 18 purchase and 135 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) FIFO LIFO Weighted Average Specific Identification Sales Less: Cost of goods sold Gross profe 5 OS 05 05 0