mework Saved Required Information Problem 5-2AA (Algo) Periodic: Alternative cost flows LO P3 [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 Date Units Sold at Retall March 1 March 5 March 9 Activities Beginning inventory Purchase Units Acquired at Cost 190 units $80 per unit 490 units Sales March 18 Purchase 300 units March 25 March 29 Sales Totals Purchase 380 units $85 per unit @$90 per unit $92 per unit 510 units $115 per unit 1,360 units 340 units @ $125 per unit 850 units For specific identification, units sold Include 50 units from beginning Inventory, 460 units from the March 5 purchase, 130 units from the March 18 purchase, and 210 units from the March 25 purchase. Problem 5-2AA (Algo) Part 4 Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decima places and final answers to nearest whole dollar.) FIFO LIFO Weighted Average Specific Identification Sales Less Cost of goods sold Gross profit $ 0 $ $ 0 $ 0