Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions. Date January 1 Activities Beginning inventory February 10 Purchase March 13 Purchase March 15 August 21 September 5 Sales Purchase Purchase September 10 Sales Totals Units Acquired at Cost 660 units @ $60 per unit 330 units @ $57 per unit 110 units @ $45 per unit 160 units @ $65 per unit 570 units @ $61 per unit 1,830 units Units Sold at Retail 715 units @ $70 per unit 730 units @ $70 per unit 1,445 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 1,830 units 2. Compute the number of units in ending inventory. Ending inventory units Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Identification Compute the cost assigned to ending inventory using FIFO. Note: Round your average cost per unit to 2 decimal places. Goods Purchased Perpetual FIFO: Cost of Goods Sold Date # of units Cost per unit # of units sold Cost per Cost of Goods Sold # of units unit 660 at January 1 February 10 Total February 10 March 13 Total March 13 March 15 Total March 15 August 21 Total August 21 September 5 Total September 5 September 10 Total September 10 Totals Inventory Balance Cost per Inventory unit Balance $ 60.00 = $ 39,600.00 $ 0.00 $ 0.00 Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Identification Compute the cost assigned to ending inventory using LIFO. Note: Round your average cost per unit to 2 decimal places. January 1 Perpetual LIFO: Goods Purchased Cost of Goods Sold Date # of units Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units 660 at February 10 Total February 10 March 13 Total March 13 March 15 Total March 15 August 21 Total August 21 September 5 Total September 5 September 10 Total September 10 Totals Inventory Balance Cost per unit $ 60.00 = Inventory Balance $ 39,600.00 0.00 0.00 Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Identification Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places. January 1 Weighted Average Perpetual: Goods Purchased Date # of units Cost per unit # of units sold February 10 Average February 10 March 13 Average March 13 March 15 August 21 Average August 21 September 5 Average September 5 September 10 Totals Cost of Goods Sold Cost per unit Cost of Goods Sold # of units Cost per unit 660 at $60.00 = Inventory Balance Inventory Balance $ 39,600.00 0.00 Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Identification Compute the cost assigned to ending inventory using specific identification. (For specific identification, units sold consist of 660 units from beginning inventory, 230 from the February 10 purchase, 110 from the March 13 purchase, 110 from the August 21 purchase, and 335 from the September 5 purchase.) Specific Identification Goods Available for Sale Cost of Goods Sold Ending Inventory Date Cost per # of units unit Cost of Goods Available for Sale # of units # of units Cost per sold unit Cost of Goods Sold in ending Cost per unit Ending Inventory inventory January 1 $ 0 $ 0.00 $ 0 0.00 0 February 10 0 0.00 0 0.00 0 March 13 0 0.00 0 0.00 0 August 21 September 5 0 0.00 0 0.00 0 0 0.00 0 Total $ 0 0 0 0 $ 0 < Weighted Average Specific Identification Compute gross profit earned by the company for each of the four costing methods. Note: Round your average cost per unit to 2 decimal places. FIFO LIFO Weighted Average Specific Identification Sales Less: Cost of goods sold Gross profit $ 0 0 0 0