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

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. Round your final answers to the nearest whole dollar amount.

Required:

Compute cost of goods available for sale and the number of units available for sale.

Compute the number of units in ending inventory.em$,$ It entered into the following calendar$-$year purchases and sales transactions. Required: $1.$ Compute cost of goods avbilable for sale and the number of units ovallable for sale. $2.$ Compute the number of unis in ending invemoryMontoure Company uses a periodic inventory system. It entered into the following calendar$-$year purchases and sales transactions. 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