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Montoure Company uses a perpetual inventory system. It entered into the following calendar - year purchases and sales transactions. Date Activities January 1 Beginning inventory

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions.
Date
Activities
January 1
Beginning inventory
Units Acquired at Cost
February 10
March 13
600 units @ $60 per unit
Purchase
480 units @ $57 per unit
Purchase
120 units @ $42 per unit
March 15
Sales
Purchase
180 units @ $65 per unit
785 units @ $80 per unit
August 21
Purchase
470 units @ $63 per unit
September 5
Sales
Totals
1,850 units
Units Sold at Retail
650 units @ $80 per unit
September 10
1,435 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 600 units from beginning inventory, 380 from the February 10 purchase, 120 from the March 13 purchase, 130 from the August 21 purchase, and 205 from the September 5 purchase.)
Complete this question by entering your answers in the tabs below.
\table[[Perpetual FIFO Perpetual LIFO,\table[[Weighted],[Average]],\table[[Specific],[Identification]]]]
Compute the cost assigned to ending inventory using FIFO.
Note: Round your average cost per unit to 2 decimal places.
\table[[Perpetual FIFO:],[Date,Goods Purchased,Cost of Goods Sold,Inventory Balance],[# of units,\table[[Cost per],[unit]],\table[[# of units],[sold]],\table[[Cost per],[unit]],Cost of Goods Sold,# of units,\table[[\table[[Cost per],[unit]]],[$60.00
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