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3. Compute the cost assigned to ending inventory using (a) FIFO (6) LIFO. ( weighted average, and (c) specific identification. For specific identification, units sold

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3. Compute the cost assigned to ending inventory using (a) FIFO (6) 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. Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Date Activities Units Acquired at Cost wits Salaat Retail Jan. 1 Beginning Inventory 540 units 555 per unit Feb. 10. Purchase 460 units 553 per unit Mar. 13 Purchase 100 units 540 per unit Mar. 15 Sales 745 units @ $80 per unit Aug. 21 Purchase 170 units $61 per unit Sept. 5 Purchase 430 units 554 per unit Sept. 10 Sales 600 units $80 per unit Totals 1,700 units 1,345 units 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: Gindle De

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