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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year 2015 purchases and sales transactions. Date Activities Units Acquired at Cost Units

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year 2015 purchases and sales transactions.

Date Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory 600 units @ $45 per unit
Feb. 10 Purchase 400 units @ $42 per unit
Mar. 13 Purchase 200 units @ $27 per unit
Mar. 15 Sales 800 units @ $75 per unit
Aug. 21 Purchase 100 units @ $50 per unit
Sept. 5 Purchase 500 units @ $46 per unit
Sept. 10 Sales 600 units @ $75 per unit
Totals 1,800 units 1,400 units

Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold consist of 600 units from beginning inventory, 300 from the February 10 purchase, 200 from the March 13 purchase, 50 from the August 21 purchase, and 250 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.)

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