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Montoure Company uses a perpetual inventory system. It entered into the following calendar 2013 purchases and sales transactions Required: Compute cost of goods available for
Montoure Company uses a perpetual inventory system. It entered into the following calendar 2013 purchases and sales transactions Required: Compute cost of goods available for sale and the number of units available for sale. Compute cost of goods available for saleNumber of units available for sale units Compute the number of units in ending inventory. Ending inventory units Compute the cost assigned to ending inventory using FIFO; LIFO; weighted average, and specific identification. For specific identification units sold consist of 600 units from beginning inventory 300 from the February 10 purchase, 200 from March 13 purchase, 50 from August 21 purchase and 250 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.) FIFO LIFO Weighted average Specific identification Montoure Company uses a perpetual inventory system. It entered into the following calendar 2013 purchases and sales transactions Required: Compute cost of goods available for sale and the number of units available for sale. Compute cost of goods available for saleNumber of units available for sale units Compute the number of units in ending inventory. Ending inventory units Compute the cost assigned to ending inventory using FIFO; LIFO; weighted average, and specific identification. For specific identification units sold consist of 600 units from beginning inventory 300 from the February 10 purchase, 200 from March 13 purchase, 50 from August 21 purchase and 250 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.) FIFO LIFO Weighted average Specific identification
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