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 Betalt Jan. 1 Beginning inventory 540 units@ $55 per unit Feb. 10 Purchase 460 units @ $5 per unit Mar. 13 Purchase 100 units @ $40 per unit Mar. 15 Sales 745 units @ $80 per unit Aug. 21 Purchase 170 units@ $51 per unit Sept. 5 Purchase 430 units @ $54 per unit Sept. 10 Sales 600 units $80 per unit Totals 1,700 units 1,345 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 Ending inventory 3. Compute the cost assigned to ending inventory using (a) AFO. (6) LIFO(weighted average, and (a specific identification. For specific identification, units sold consist of 540 units from beginning inventory, 360 from the February 10 purchase, 100 from the March 13 purchase, 120 from the August 21 purchase, and 225 from the September 5 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual UFO Weighted Average Specific id Compute the cost assigned to ending inventory using FIFO (Round your average cost per unit to 2 decimal places.) Perpetual : Goods Purchased Costol Goods Sold Inventory Balance Date of of units Cost per Cost of Goods Sold units Inventory unit nold of units unit unit Balance Jan 1 510 $55.00 $ 29,700,00 Feb 10 Cost per Cost per Mar 13 Mar 15 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 prole 05 0 S 05 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? Weighted Average Specific identification DURO OFFO