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

$\backslash$table$[[$Date$,$Activities,Units Acq,uired at cost$,$Units Sold at Retail$],[$January $1,$Beginning inventory,$560$ units,a $$55$ per unit,$],[$February $10,$Purchase,$440$ units,@ $$52$ per unit,$],[\backslash$table$[[$March $13],[$March $15]],\backslash$table$[[$Purchase$],[$Sales$]],140$ units,@ $$40$ per unit,$710$ units @ $$85$ per unit$],[$August $21,$Purchase,$180$ units,a $$60$ per unit,$],[\backslash$table$[[$September$,5],[$September$,10]],\backslash$table$[[$Purchase$],[$Sales$]],540$ units,@ $$57$ per unit,$720$ units @ $$85$ per unit$],[,$Totals,$1,860$ units,,$1,430$ units$]]$

Required:

Compute cost of goods available for sale and the number of units available for sale.

$\backslash$table$[[$Cost of goods available for sale,$$,100,860,],[$Number of units available for sale,$1,860,$units$]]$

Compute the number of units in ending inventory.

$\backslash$table$[[$Ending inventory,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 $560$ units from beginning inventory, $340$ from the February $10$ purchase, $140$ from the March $13$ purchase, $130$ from the August $21$ purchase, and $260$ from the September $5$ purchase.$)$

Complete this question by entering your answers in the tabs below.

Perpetual FIFO

Perpetual LIFO

Weighted

Specific

Average Identification

Compute the cost assigned to ending inventory using FIFO.

Note: Round your average cost per unit to $2$ decimal places.