Montoure Company uses a perpetual inventory system. It entered into the following calendar$-$year purchases and sales transactions$2$

Requlred:

Compute cost of goods available for sale and the number of units available for sale.

Compute the number of units in ending inventory.

Compute the cost assigned to ending inventory using

$($a$)$ FIFO,

$($b$)$ LIFO,

$($c$)$ weighted average, and

$($c$)$ specific identification.

$($For specific identification, units sold consist of $570$ units from beginning inventory, $280$ from the February $10$ purchase, $190$ from

the March $13$ purchase, $150$ from the August $21$ purchase, and $300$ from the September $5$ purchase.$)$

Complete this question by entering your answers in the tabs below.

Compute the cost assigned to ending inventory using FIFO.

Note: Round your average cost per unit to $2$ decimal places.