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 Salon Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totals Units Acquired at Cost 600 unito e $60 per unit 400 unitse $57 per unit 150 unitse $45 per unit 150 units $65 per unit 450 unita $61 per unit 750 unito $85 per unit 630 unitse $85 per unit 1,380 unita 1,750 units 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 $ 73,850 1.930 units 2. Compute the number of units in ending inventory Ending inventory 385 units 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO (a weighted average, and (c) specific identification. For specific identification, units sold consist of 600 units from beginning inventory, 330 from the February 10 purchase, 150 from the March 13 purchase, 100 from the August 21 purchase, and 200 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.) 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 specific identification. For specific identification, units sold consist of 600 units from beginning inve from the February 10 purchase, 150 from the March 13 purchase, 100 from the August 21 purchase, and 200 from the September 5 purchase. (Round cost per unit to 2 decimal places.) Specific Identification: Goods Purchased Cost of Goods Sold Inventory Balance # of Cost per Date of units Cost per cost of Goods Sold Cost per Inventory # of units units sold unit unit Balance January 1 600 $ 60.00 - $ 36,000.00 February 10 400 @ $ 42.00 6000 $ 45,00 - $ 27,000.00 400 @ $42.00 - 16,800.00 4 $ 43,800.00 unit March 13 200 $ 27.00 800 @ 400 $ 45,00 - $42.00 - $ 27.00 - 2001 $ 27,000.00 $ 16,800.00 $ 5,400.00 $ 49,200.00 $ 8,400.00 5,400.00 $ 13,800.00 March 15 2001 800 200 45.00 = 42.00 27,000 8,400 $42.00 $ 27.00 200 @ $ 35,400.00 Aug 21 100 $ 50.00 2001 2001 100 $ 42.00 $27.00 - $50.00 $ 8,400.00 5,400.00 5,000.00 $ 18,800.00