Montoure Company uses a periodic inventory system. It entered into the following calendar year purchases and sales transactions Units sold at Retail Units Acquired at Cost 680 units 575.00 per unit 440 units$72.00 per unit 240 units $57.00 per unit Date Activities Jan 1 Beginning inventory Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Aug. 21 Purchase Sept. 5 Purchase Sept. la Sales Tatals units 185.ee per unit 190 units 580.00 per unit 580 units $76. per unit 768 units 5105 per unit 1,600 units 2,120 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 unitsin ending inventory Skipoed Ending inventory units Print References 3. Comoute the cost assigned to ending inwertory using (a) FIFO, (LIFO. Id weighted average, and a specific identification. For specific identification units sold consist of 680 units from beginning inventory. 260 from the February 10 purchase, 240 from the March 13 purchase, 90 from the August 21 purchase, and 230 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 la FIFO D) LIFO Weighted (0) Specic dentication 4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollar amount.) FIFO LIFO Weighted Average Specific Identification Sales Less Cost of goods sold Gross prof $ DS 05 DS 5. The company's manager cams a bonus based on a percent of gross pront. Which method of inventory costing produces the highest bonus for the manager FIFO ereren 5. The company's manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the manager? O FIFO Weighted Average Specific Identification LIFO