Montoure Company uses a perpetual inventory system. It entered into the following calendar year purchases and sales transactions. Date Activities Units Acquired at Cost Units Sold at Retail Jan, 1 Beginning inventory 660 units $55 per unit Feb. 10 Purchase 330 units $52 per unit Mar. 13 Purchase 110 units@ $40 per unit Mar. 15 Sales 780 units $75 per unit Aug. 21 Purchase 140 units $6 per unit Sept. 5 Purchase 420 units @ $56 per unit Sept. 10 Sales 560 units @ $75 per unit Totals 1.660 units 1.340 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using () FIFO, (b) LIFO. ( weighted average, and (c) 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, 90 from the August 21 purchase, and 250 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.) 4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decima places.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per decimal places.) FOLIFO Weighted Average Specie Identification 3. Lumpure une cost assigned to ending inventory using ( FIFO. (UF w ted average, and (d) specific identification specific identification, units sold consist of 660 units from beginning inventory 210 from the February 10 purchase, 110 from the 13 purchase, 90 from the August 21 purchase, and 250 from the September 5 Durchase. (Round your average cost per unit to decimal places.) 4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 places.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Retired 3 Required 4 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 660 units from beginning inventory 230 from the February 10 purchase, 110 from the March 13 purchase, 90 from the August 21 purchase, and 250 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.) Show less Ending Inventory 17.920 $ 17.600 (a) FIFO (b) LIFO (c) Weighted average (d) Specific identification Required 2 Required 4 > compute cost of goods available for sale and the number of units available 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (FIFO, UFO, (weighted average, and (d) specific identification. For specific identification, units sold consist of 660 units from beginning inventory 210 from the February 10 purchase, 110 from the March 13 purchase. 90 from the August 21 purchase, and 250 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.) 4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.) FIFO LIFO Weighted Average Specific identification Sales Less: Cost of goods sold Gross profit OSOSOS ( Required)