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5 0 Required information Problem 5-2AA Perpetual: Alternative cost flows LO P3 The following information...

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5 0 Required information Problem 5-2AA 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 Par, 1 Beginning inventory units 358.09 per unit 409 units555.00 per unit s Purchase Mar. 9 Sales Har- 18 Purchase Mar- 25 Purchase Mar.29 Sales 428 units 385. per unit 12e units e see.00 per unit 2units $62.00 per unit 1e units 595,09 per unit Totals Problem 5-2AA Part 4 4. Compute gross profit earned by the company for each of the four costing methods. For specific identfication, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase; the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase (Round weighted overage cost per unit to two decimals.) LIFO oss Margin Sales Less Cot of goods sols Gross profi Prey 19of21 lll Next > 134 1415 12 9

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