Montoure Company uses a perpetual inventory system. It entered into the following calendar-year 2013 purchases and sales transactions.

Compute the cost of goods available for sale and the number of units available for sale. (6 pts)

Compute the number of units in ending inventory. (2 pts)

Compute the cost assigned to ending inventory and cost of goods sold using: a) FIFO, b) LIFO, c) weighted average. (24 pts)

Compute gross profit earned by the company under each of the costing methods in Part 3. (4 pts)

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year 2013 purchases and sales transactions. Compute the cost of goods available for sale and the number of units available for sale. (6 pts) Compute the number of units in ending inventory. (2 pts) Compute the cost assigned to ending inventory and cost of goods sold using: a) FIFO, b) LIFO, c) weighted average. (24 pts) Compute gross profit earned by the company under each of the costing methods in Part 3. (4 pts) Problem 5-3A Perpetual: Alternative cost flows LO P3 Montoure Company uses a perpetual inventory system. It entered into the following calendar-year 2013 purchases and sales transactions. Required: 1. Compute cost of goods available for sale and the number of units available for sale