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Montoure Company uses a periodic Inventory system. It entered into the following calendar year purchases and sales transactions 655 Unit SIO URL 255 Uniek et

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Montoure Company uses a periodic Inventory system. It entered into the following calendar year purchases and sales transactions 655 Unit SIO URL 255 Uniek et coat 545.00 per unit $42.00 petit $27.00 per unit Date Active January Beginning inventory February 10 Purchase March 13 Purchase March 15 Bate August 21 Purchase September 5 Purchase September 10 Sales Totate 1.020 units 15.00 11:45 155 units 555 unit 550.00 per unit 120 units 515.00 per 1.730 unit 2.130 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 units 2. Compute the number of units in ending inventory units Ending inventory 3. Compute the cost assigned to ending inventory using (FIFO, (b) LIFO, (aweighted average, and (c) specific identification. For specific identification, units sold consist of 655 units from beginning inventory, 355 from the February 10 purchase, 255 from the March 13 purchase, 105 from the August 21 purchase, and 360 from the September 5 purchase (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollar amount.) Ending Inventory (a) FIFO () LIFO (c) Weighted average (d) Specifio identification 4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decir places. Round your final answers to the nearest whole dollar amount.) FIFO LIFO Weighted Average Specific Identification Fales ess: Cost of goods sold oss profit

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