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Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 [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 tits Required at cost 70 units $50, 40 per unit 210 units 555.10 per unit Units sold at Retail K Date Activities MAE. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 230 units $85.40 per unit 70 unica 560.40 per unit 120 units 62.40 per unit 470 units 100 units $95.40 per unit 330 units M Problem 6-1A Part 4 ences 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sath consisted of 50 units from beginning inventory and 180 units from the March 5 purchase the March 29 sale consisted of 30 units from the March 18 purchase and 70 units from the March 25 purchase (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar) FIFO LIFO Av. Cost Spec.ID Gro Margin Sales Lass Cost of goods sold Gross profit