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

Date

Activities

Units Acquired at Cost

Units Sold at Retail

Jan.

1

Beginning inventory

660

units

@

$

35

/unit

Feb.

10

Purchase

330

units

@

$

32

/unit

Mar.

13

Purchase

110

units

@

$

20

/unit

Mar.

15

Sales

760

units

@

$

75

/unit

Aug.

21

Purchase

180

units

@

$

40

/unit

Sept.

5

Purchase

570

units

@

$

36

/unit

Sept.

10

Sales

750

units

@

$

75

/unit

Totals

1,850

units

1,510

units

Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification units sold consist of 660 units from beginning inventory, 230 from the February 10 purchase, 110 from the March 13 purchase, 130 from the August 21 purchase, and 380 from the September 5 purchase. (Round your average cost per unit to 2 decimal

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.)

.