Warnerwoods Company uses aperpetual inventory system. It enteredinto the following purchas Show more Show moreImage transcription textPerpetual FIFO: Goods Purchased Costof Goods Sold Inventory Balance Date# of units Cost per # of uni Show more Show moreImage transcription textPerpetual FIFO Perpetual LIFOWeighted Specific Id Average Computethe cost assigned to endin Show more Show moreImage transcription text4. Compute gross profit earned by thecompany for each of the four costingmethods. For specific ide Show more Show more Accounting Business Financial AccountingACCT 1010