Montoure Company uses a perpetual inventory system. It enteredinto the following calendar-year purchases and salestransactions
| Date | Activities | Units Acquired at Cost | Units Sold at Retail |
| Jan. | 1 | | Beginning inventory | | 600 | units | @ $40 per unit | | | | |
| Feb. | 10 | | Purchase | | 360 | units | @ $37 per unit | | | | |
| Mar. | 13 | | Purchase | | 150 | units | @ $25 per unit | | | | |
| Mar. | 15 | | Sales | | | | | | 765 | units | @ $80 per unit |
| Aug. | 21 | | Purchase | | 200 | units | @ $45 per unit | | | | |
| Sept. | 5 | | Purchase | | 580 | units | @ $42 per unit | | | | |
| Sept. | 10 | | Sales | | | | | | 780 | units | @ $80 per unit |
| | | | Totals | | 1,890 | units | | | 1,545 | units | |
Compute the cost assigned to ending inventory using weightedaverage. (Round your average cost per unit to 2 decimalplaces.)
Compute the cost assigned to ending inventory using weightedaverage. (Round your average cost per unit to 2 decimalplaces.)
Compute the cost assigned to ending inventory using specificidentification. For specific identification, units sold consist of600 units from beginning inventory, 260 from the February 10purchase, 150 from the March 13 purchase, 150 from the August 21purchase, and 385 from the September 5 purchase. (Roundyour average cost per unit to 2 decimal places.)
