Question: Required information Problem 5 - 2 AA ( Algo ) Perpetual: Alternative cost flows LO P 3 [ The following information applies to the questions

Required information
Problem 5-2AA (Algo) Perpetual: Alternative cost flows LO P3
[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
Problem 5-2AA (Algo) Part 4
4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 70 units from beginning inventory, 200 units from the March 5 purchase, 50 units from the March 18 purchase, and 90 units from the March 25 purchase.
Note: Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.
 Required information Problem 5-2AA (Algo) Perpetual: Alternative cost flows LO P3

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