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Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1

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[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.

Date	Activities	Units Acquired at Cost			Units Sold at Retail
March 1	Beginning inventory	250	units	@ $54.00 per unit
March 5	Purchase	300	units	@ $59.00 per unit
March 9	Sales				410	units	@ $89.00 per unit
March 18	Purchase	160	units	@ $64.00 per unit
March 25	Purchase	300	units	@ $66.00 per unit
March 29	Sales				280	units	@ $99.00 per unit
	Totals	1,010	units		690	units

Problem 6-1A (Algo) Part 4

4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 140 units from beginning inventory, 270 units from the March 5 purchase, 120 units from the March 18 purchase, and 160 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.)