Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Date Activities Units Acquired at Cost Units sold at Retail Jan. 1 Beginning inventory 668 units @ $35 per unit Feb. 10 Purchase 330 units @ $32 per unit Mar. 13 Purchase 110 units @ $20 per unit Mar. 15 Sales 768 units @ $75 per unit Aug. 21 Purchase 180 units @ $40 per unit Sept. 5 Purchase 570 units @ $36 per unit Sept. 10 Sales 750 units @ $75 per unit Totals 1,858 units 1,510 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 $ 2.013 163 units 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (a) FIFO.() LIFO. (c) weighted average, and (a specific identification. specific identification units sold consist of 660 units from beginning inventory 230 from the February 10 purchase, 110 from th 13 purchase, 130 from the August 21 purchase, and 380 from the September 5 purchase. Complete this question by entering your answers in the tabs below. Perpetual Fifo Perpetual LIFO Weighted Average Specific id Compute the cost assigned to ending inventory using FIFO. (Round your average cost per unit to 2 decimal places.) Perpetual FIFO Goods Purchased Cost of Goods Sold Inventory Balance # of Cost per # of units Cost per cost of Goods Sold # of units Cost per Date Inventory unit Balance Jan 1 660 @ $ 35.00 = $ 23,100.00 units unit sold unit Feb 10 Mar 13 Mar 15 Aug 21 Sept 5 Sept 10 Totals $ 0.00 $ 0.00 Perpetu FIFG Perpetual LIFO > 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.) FIFO LIFO Weighted Average Specific Identification Sales Less: Cost of goods sold Gross profit $ 05 0 $ 0 $ 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 manager? Specific Identification Weighted Average FIFO LIFO