Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Units Sold at Retail Units Acquired at Cost 600 units @ $40 per unit 400 units @ $37 per unit 190 units @ $15 per unit Date Activities Jan. 1 Beginning inventory Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Aug 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totals 805 units@ $70 per unit 190 units @ $45 per unit 550 units@ $43 per unit 740 units @ $70 per unit 1,545 units 1,930 units 3. 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, 300 from the February 10 purchase, 190 from the March 13 purchase, 140 from the August 21 purchase, and 315 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 # of Cost per units unit Cost of Goods Sold Cost per unit Cost of Goods Sold # of units sold Date Inventory Balance Cost per Inventory # of units unit Balance 600 @ $ 40.00 = $ 24,000.00 Jan 1 Feb 10 Mar 13 Mar 15 Mar 15 Aug 21 Sept 5 Sept 10 Totals Perpetual LIFO: Goods Purchased Cost of Goods Sold Inventory Balance Cost per Cost per Date # of units # of units sold Cost of Goods Sold # of units unit unit Cost per unit $ 40.00 Inventory Balance $ 24,000.00 Jan 1 600 @ Feb 10 Mar 13 Mar 15 Aug 21 Sept 5 an 3. Compute the cost assigned to ending inventory using (a) FIFO, (6) LIFO, (C) weighted average, and (d) specific identification. For specific identification, units sold consist of 600 units from beginning inventory, 300 from the February 10 purchase, 190 from the March 13 purchase, 140 from the August 21 purchase, and 315 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 weighted average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased # of Cost per Date units unit Jan 1 # of units sold Cost of Goods Sold Cost per Cost of Goods Sold unit Inventory Balance Cost per # of units Inventory unit Balance 600 @ $ 40.00 = $ 24,000.00 Feb 10 Average Mar 13 Mar 15 Aug 21