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4. Compute gross profit earned by the company for each of the four casting methodsFor specific identification, the March 9 sale consisted of 85 units from beginning inventory and 215 units from the March 5 purchase the March 29 sale consisted of the March 18 purchase and 105 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.

O Required information [The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetuat inventory system. It entered into the following purchases and sales transactions for March Date Activities Units Acquired at Cost Unito Sold at Beton Mar 1 Beginning inventory 140 units e $51.80 per unit 5 Purchase 245 units @ $56.80 per unit Mars 9 Sales 300 units @ $86.80 per unit Mar. 18 Purchase 105 units @ $61.80 per unit Mar. 25 Purchase 190 units e$63.80 per unit Mar. 29 Sales 170 units e $96.80 per unit Totals 680 unita 470 unita Mar 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 salo consisted of 85 units from beginning inventory and 215 units from the March 5 purchase the March 29 sale consisted of 65 units from the March 18 purchase and 105 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) Answer is not complete. FIFO LIFO Gross Margin Weighted Average S 42,496 Specific Identification $ 42,496 Sales $ 42.496 $ 42,496

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