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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Units Sold at Retail Units Acquired at Cost 540 units e$55 per unit 460 units @ $53 per unit 100 units @ $40 per unit Date Activities Jan. 1 Beginning inventory Teb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totals 745 unitse $80 per unit 170 units 430 units $61 per unit $54 per unit 1,700 units 600 unitse $80 per unit 1,345 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of goods available for sale Number of units available for sale 2. Compute the number of units in ending inventory Ending inventory units 3. Compute the cost assigned to ending inventory using (a) FIFO (6) LIFO. ( weighted average, and a specific identification. For u thu Enanthaca in funm the March Saved 2. Compute the number of units in ending inventory. Ending inventory units 3. Compute the cost assigned to ending inventory using (a) FIFO. (6) LIFO, () weighted average, and (d) specific identification. For specific identification, units sold consist of 540 units from beginning inventory, 360 from the February 10 purchase, 100 from the March 13 purchase, 120 from the August 21 purchase, and 225 from the September 5 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific id Compute the cost assigned to ending inventory using FIFO. (Round your average cost per unit to 2 decimal places.) Perpetual FIFO: Goods Purchased Cost of Goods Sold Inventory Balance Date # of Cost per # of units Cost per cost of Goods Sold of unite Cost per Inventory units unit unit Balance Jan 1 540 @ $ 55.00 = $ 29,700.00 Feb 10 Mar 13 3. Compute the cost assigned to ending inventory using (a) FIFO. (b) LIFO. (weighted average, and (c) specific identification. For specific identification, units sold consist of 540 units from beginning inventory, 360 from the February 10 purchase, 100 from the March 13 purchase, 120 from the August 21 purchase, and 225 from the September 5 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LEO Weighted Average Specific Id Compute the cost assigned to ending inventory using FIFO. (Round your average cost per unit to 2 decimal places.) Perpetual FIFO: Goods Purchased of cost per Cost of Goods Sold Cost per Cost of Goods Sold Inventory Balance of units cost per Inventory Date of units 540 $ 55.00 $ 20.700.00 Feb 10 MacBook Pro

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