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1. Compute coat of goods ovsilable for sale and the number of units svalsble for sole. 2 Compute the number of unlts in ending linvertory.
1. Compute coat of goods ovsilable for sale and the number of units svalsble for sole. 2 Compute the number of unlts in ending linvertory. 3. Compute the cost ssigned to ending inventory using (a) FIFO, (b)LIFO, [C] weighted sversge, snd (d) speclfic identification. For specific identification, units sold consist of 620 unlts from beginning Inventory, 320 from the Februsry 10 purchsse, 220 from the March 13 purchase, 70 from the August 21 purchese, and 290 from the September 5 purchese. Note: Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whale dollar amount. 4. Compute grosa profit esmed by the compsny for esch of the four costing methad: Note: Round your averege cost per unit to 2 decimal ploces. Round your finsl onswers to the nearest whole doller amount. 5. The compony's monsger esms obonus bssed on s percent of gross profi: Which method of Inventory coating produces the highest bonus for the mansger? Weighted Averoge FIFO Speclfic Identificstion LFO
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