Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Units Sold at Retail Date Activities lan. 1 Beginning inventory Feb. 10 Purchase 1 13 Purchase Mar. 15 Sales Aug 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totals Units Acquired at Cost 700 units @ $50 per unit 350 units @ $44 per unit 150 units@ $32 per unit 190 units @ $55 per unit 540 units@ $51 per unit 705 units@ $80 per unit 730 units @ $88 per unit 1,435 units 1,930 units Required: 1. Compute cost of goods available for sale and the number of units available for sale Cost of goods available for sale Number of units available for sale units 2. Compute the number of units in ending inventory Endit 3. Compute the cost assigned to ending inventory ung (FIFO, LIFO/ weighted average, and specific Identication or specie identication units sola consist of 700 units from beginning inventory, 250 from the February puchon 150 from the March 13 palce, 140 from the August 21 purchase, and 195 from the September 5 purchase 26 3. Compute the cost assigned to ending inventory using to FIFO. (UFO.( weighted average, and for specific identification For Specific identitication units sold consist of 700 units from beginning inventory, 250 from the February to purchase, 150 from the March 13 purchase 140 from the August 21 purchase, and 195 from the September 5 purchase. Complete this question by entering your answers in the tabs below. Weighted Perpetual Fifo Perpetual LIFO Average Specific ld Compute the cost assigned to ending wentory using FIFO. (Round your average cost per unit to 2 decimal place.) Peval FIEO: Gods Purchase Coste unit Contofonodod etunits Cost per sold unit Cost of Goods Sold Inventory - of his Cost per re 700 @ 00003 38.00000 Feb 10 Mar 13 Mar 15 Per Perpetual LIFO > 4. compute gross profit earned by the company for each of the four costing methods (Round your everage cost per unit to 2 decimal FO LIRO Worted Average Specific Identification Lass. Cost of goods sold Gross probl 5. The company's manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the monager? O FIFO LIFO Weighted Average Specific identification