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Anthony Company uses a perpetual inventory system. It entered into the following purchases and si transactions for March Date Activities Mar. 1 Beginning inventory

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Anthony Company uses a perpetual inventory system. It entered into the following purchases and si transactions for March Date Activities Mar. 1 Beginning inventory Mar 5 Purchase Mar. 9 Sales Mar 18 Purchase Mar. 25 Purchase Units Acquired at Cost 170 units @ $52.40/unit 260 units $57.40/unit 120 units $62.40/unit 220 units $64.40/unit Units Sold at Retail 330 units $87.40/unit Mar. 29 Sales Totals 770 units 200 units $97.40/unit 530 units value 5.00 points Required: 1. Compute cost of goods available for sale and the number of units available for sale. (Omit the "S" sig in your response.) Cost of goods available for sale Number of units available for sale 2. Compute the number of units in ending inventory. Ending inventory units units 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) weighted average cost, and (c) specific identification. For specific identification, the March 9 sale consisted of 100 units from beginning inventory and 230 units from the March 5 purchase, the March 29 sale consisted of 80 units from the March 18 purchase and 120 units from the March 25 purchase (Due to rounding, the sum of Cost of Goods Sold and Ending inventory may not equal the Cost of Good available for sales. Round your per unit costs to 3 decimal places and inventory balances to the nearest dollar amount. Omit the "$" sign in your response.) (a) FIFO (b) Weighted average cost (c) Specific identification Ending Inventory 4. Compute gross profit earned by the company for each of the four costing methods (Round your per unit costs to 3 decimal places and inventory balances and final answer to the nearest dollar amount. Omit the "S" sign in your response.) FIFO Weighted average Specific identification Gross profit

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