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Montoure Company uses a perlodic imventary system. If entered into the following calondar-year purchases anid saies transoctions Required: 1. Compute cost of goods available for
Montoure Company uses a perlodic imventary system. If entered into the following calondar-year purchases anid saies transoctions Required: 1. Compute cost of goods available for sale and the number of units avallable for sale. 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (o) FIFO, (b) UFO, (d) weighted average, and (d) specific identification. For specific identification, units sold consist of 625 units from beginning lnventory, 325 from the February 10 purchase. 225 from the March 13 purchase. 75 from the August 21 purchase, and 300 from the September 5 purchase. Note: Round your average cost per unit to 2 decimal places, Aound your final answers to the nearest whole dollar amount. 4. Compule gross peofit earned by the company for each of the four costing methods Note: Round your average cost per unit to 2 declimal places. Round your finat anawers to the nearest whole dollar ambunt
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