Marlow Company uses a perpetual inventory system. It entered into the following calendar-year 2011 purchases and sales transactions. Date Activities Units Acquired at Cost Units Sold at Retail

Jan. 1 Beginning inventory 750 units @ $ 47.00 /unit

Feb. 10 Purchase 350 units @ $ 43.00 /unit

Mar. 13 Purchase 175 units @ $ 23.00 /unit

Mar. 15 Sales 625 units @ $ 78.00 /unit

Aug. 21 Purchase 310 units @ $ 63.00 /unit

Sept. 5 Purchase 205 units @ $ 51.00 /unit

Sept. 10 Sales 125 units @ $ 78.00 /unit

Totals 1,790 units 750 units

Required: 1. Compute cost of goods available for sale and the number of units available for sale. (Omit the "$" sign in your response.) Cost of goods available for sale $ Number of units available for sale units

2. Compute the number of units in ending inventory. Ending inventory units

3. Compute the cost assigned to ending inventory using (a) FIFO, (b) specific identification-units sold consist of 575 units from beginning inventory and 175 units from the March 13 purchase, and (c) weighted average cost. (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 2 decimal places. Round your final answers to the nearest dollar amount. Omit the "$" sign in your response.) Ending inventory (a) FIFO $ (b) Specific identification $ (c) Weighted average cost $

4. Compute gross profit earned by the company for each of the three costing methods. (Round your per unit costs to 2 decimal places and inventory balances and final answer to the nearest dollar amount.Omit the "$" sign in your response.) Gross profit (a) FIFO $ (b) Specific identification $ (c) Weighted average cost $