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i need help solving this homeowrk problem' Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Date

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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Date Activities Units Acquired at Cost Jan. 1 Beginning inventory Units sold at Retail 600 units e $35 per unit Feb. 10 Purchase 300 units @ $32 per unit Mar. 13 Purchase 150 units @ $20 per unit Mar. 15 Sales Aug. 21 Purchase 190 unitse $40 per unit 725 units & $80 per unit Sept. 5 Purchase 540 units e $37 per unit Sept. 10 Sales 730 units e $80 per unit Totals 1,780 units 1,455 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 $ 61,180 1,780 units 2. Compute the number of units in ending inventory. Ending inventory 325 units 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 600 units from beginning inventory, 200 from the February 10 purchase, 150 from the March 13 purchase, 140 from the August 21 purchase, and 365 from the September 5 purchase. Complete this question by enterinn nur aneware in the babala Specific Identification: Goods Purchased Cost of Goods Sold Inventory Balance Date #of units Cost per Cost per unit # of units sold unit Cost of Goods Sold January 1 February 10 300 $ 32.00 Cost per # of units unit Inventory Balance 600 @ $ 35.00 = $ 21,000.00 600 @ $ 35.00 - $ 21,000.00 300 @ $ 32.00 - 9,600.00 $ 30,600.00 March 13 150 @ $20.00 600 @ 300 @ 150 @ $35.00 = $ 32.00 = $ 20.00 = $ 21,000.00 $ 9,600.00 $ 3,000.00 $ 33,600.00 $ 5,600.00 3,000.00 $ 8,600.00 March 15 600 @ 125 @ 35.00 32.00 21,000 4,000 $ 25,000.00 175 @ 150 @ $32.00 = $ 20.00 - Aug 21 1901 @ $ 40.00 175 @ 150 @ 190 @ $32.00 - $ 20.00 - $ 40.00 = $ 5,600.00 3,000.00 7,600.00 $ 16,200.00 Sep 5 540 $ 37.00 175 @ 150 @ 190 @ 5401 $ 32.00 - $ 20.00 - $ 40.00 = $ 37.00 - $ 5,600.00 3,000.00 7,600.00 19,980.00 $ 36,180.00 Sep 10 @ $ 2.560.00 150 $ 20.00 3.000.00 $ 32.00 $ 40.00 $ 37.00 $ 2.560.00 Totals $ 3,000.00 $ 28,000.00 $ 2.560.00 Totals $ 3.000.00 $ 28,000.00 $ 2,560.00 $ 2,560.00

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