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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transaction ? systeny It engred into the following cerdaryer_pgrghases
Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transaction
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systeny It engred into the following cerdaryer_pgrghases ples transacbon Units Acquirgd at Cost Units Sold at Retail inning)pygntgn Feb Man Man Sept I Required 70 - - | 1.93 73 I. Compute cost of gccds available fir sale and Me number of units available sale. of 2. Cornpute me number of units in ending inventory 3. Compute me cost assigned to ending inventory using (a) FIFO, (b) LIFO: (c) vted average, and specific denbfcabon For specific identification, units sold consist of 700 units from beginning inventory, 250 from the February 10 purchase, ISO from fre March 13 guchase, 140 from gugust 21 purchase, and I gS from the September S purchase. (Round your cost per unt to 2 decimal places.)
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