in part 3 4. Compute gross profit earned by the company TULLIURE the following calendar-year 2011 Problem 6-2B Alternative cost flows-perpetual Venus Company uses a perpetual inventory system. It entered into the following calendar chases and sales transactions. Units Acquired at Cost Activities Date Units Sold at Retail 600 units @ $55/unit 450 units @ $56/unit 200 units @ $57/unit Required Jan. jan. 10 Feb. 13 Feb. 15 July 21 Aug. 5 Aug. 10 1. For eac 430 units @ $90/unit follow Beginning inventory .. Purchase .. Purchase Sales ... Purchase Purchase Sales Total 230 units @ $58/unit 345 units @ $59/unit 1,825 units 335 units @ $90/unit 765 units Check (3) Ending inventory: FIFO, 561056; WAC, 560,293 Required 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) specific identification-unis sold consist of 600 units from beginning inventory and 165 units from the February 13 purchase, and (c) weighted average cost. (Round per unit costs to three decimals, but inventory balances to the dollar 4. Compute gross profit carned by the company for each of the three costing methods in part 3. Analysis 2. Wha error 3. Expl of e Chapter 6 Inventories and Cons cent of gross profil, which method of m Analysis Component 5. If the company's manager earns a bonus based on a percent of gros costing will the manager likely prefer? e A physical inventory of Office Deals taken at December 31 reveals the following Pro Ed Yew ret Format Iob Data Account Windows OBROBEE221200x Per Unit Units Cost NRV 2 3 trans- $305 Item Office furniture Desks Credenzas Chairs Bookshelves Filing cabinets $261 227 436 295 587 321 e