Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions Units Sold at Retail 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 Units Acquired at Cost 620 units @ $45 per unit 380 units$42 per unit 100 units $30 per unit 170 units @ $50 per unit 400 units $46 per unit 735 units @ $70 per unit 570 units@ $70 per unit 1,305 units 1,670 units PIER 6 Perpetual Fifo Perpetual UFO 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 Good Purchased ol Cost per Date # of units sold Cost of Goods Sold Cost per cost of Goods Sold unit Inventory Balans Cost per Inventory #of units unit Balance 620 @ S 45.00 $27,900.00 Jan 1 Feb 10 380) @ $ 42.00 @ @ $ 45.00 $ 42.00 Average Mar 13 1001 $ 30.000 $ 30,00 Mar 15 735 @ Aug 21 170 a 5.50.00 0 Average Septs 400 $ 45.00 $ 46,00 570 545.40 Sept 10 Totals $25 878,00 $ 25,878.00 Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Specific identication cost of Goods Available for Sale Cost of Goods Sold Ending Inventory of units Cost per Cost per Cost per Cost of Goods unit Available for Sale $ 45.00 $ 27,000 # of units sold unit Cost of Goods Sold # of units in ending inventory unit Ending Inventory 620 0 $ 45.00 S 0 280 $42.00 100 4,200 Beginning inventory Purchases Feb 10 March 13 Aug 21 Sep 5 Total 11,760 0 0 380 $42.00 100 $ 30.00 170 S 50.00 400 $ 45.00 1,670 16,800 5,400 5,000 23,000 $ 77,200 $ 42.00 $ 30.00 $ 50,00 $ 46.00 0 0 0 0 $4,200 280 $ 11,760 100 FIFO LIFO Wighted Average Specific Identification Bales Less Cost of goods sold Gross profit 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? OPIFO Specific Identification OLIFO Weighted Average