Montoure Company uses a perpetual inventory wystem Huntered into the following calendar.year purchmes and sales transaction Date ALL Vitles jan. Beginning inventory Feb. 10 Purchase Mar. 13 Nrchase Mar. 35 sales Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totats Street Cast 570 uits@ $50 per unit 32 unitse 47 per unit- 198 units 35 per unit 200555 per unit 59 53 per i 1.038 units you uitre 37 per unit 78 units per wit 1,499 units Required: 1. Compute cost of goods available for sale and the number of units available for sale 53320 Costos valties for sale Number of the for 2. Compute the number of unitsin ning inventory U En Check my work 1 3. Compute the cost assigned to ending inventory using (FIFO (ALIFO. (d weighted average and checfic dentication For specific identification units old consist of 570 us from beginning inventory. 280 from the February 10 purch 190 from the March 13 purchase, 150 from the August 21 purchase, and 300 from the September 5 purchase 200 Complete this question by entering your answers in the the below. . Perpetual Tour weige Avenge Compute the cost what to dig inventory Go (Round your average cost per unit to 2 decimal places) PO South Contesso Indy D Cost of the Cat Colt Gede sold wine se 5000.000.00 15 4. Compute gross profiteamed by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.) FO Lino Weed Aven tipi dation Sales Cost of goods sold Gross profit 3 OES 5. The company's manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the manager Weighted Average FIFO UFO Specific Identification Check my work Montoure Company uses a perpetual Inventory system. It entered into the following calendar-year purchases and sales transactions Units Sold at Retail Units Acquired at Cost 570 units $50 per unit 380 units 547 per unit 190 units@ $35 per unit Date Activities Jan. 1 beginning inventory Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totals 700 units $75 per unit 200 units o$55 per unit S90 units@ $53 per unit 1,938 units 790 units 175 per unit 1.490 its Required: 1. Compute cost of goods available for sale and the number of units available for sale es Cost of goods available for sale Number of units valable for sale $ 93.280 1,550 units 2. Compute the number of units in ending inventory 1 2. Compute the number of units in ending inventory Ending Inventory unt 08 ents Book 3. Compute the cost assigned to ending inventory using (a) FIFO. CLIFO, (a weighted average, and (a specific identification. For specific identification, units sold consist of 570 units from beginning inventory. 280 from the February 10 purchase, 190 from the March 13 purchase, 150 from the August 21 purchase, and 300 from the September 5 purchase A Complete this question by entering your answers in the tabs below. References Perpetual FIFO Perpetual UFO Weighted Average Specific to Compute the cost assigned to ending inventory using specific identication for specific identification, units sold consist of 570 units from beginning Inventory, 280 from the February 10 purchase, 190 from the March 23 purcha. 150 from the August 21 purchase, and 300 from the September purchase. (Round your average cost per unit to 2 decimal places.) Specite identification Coat of Goods Avaliable for sale Cost of Goods sold Ending Inventory Check my w 1 3. Comote the cost signed to ending inventory using a FIFOLIFO, I weighted average, and to specific identification. For specific identification units sold consist of 570 units from beginning inventory 230 from the February 10 purchase, 190 from me March 13 purchase, 150 from the August 21 purchase, and 300 from the September purchase 20 Complete this question by entering your answers in the tabs below Weight Peru Piro Perpetual CIFO Specific Compute the consigned to ending inventory using round your average content to 2 decimal aces) Part: Dash Corteos old D Cou units Cole Cost of de sol cas ad unt Jant od 100 SIRO 00 10 Wars 3 4. Computers profit earned by the company for each of the four costing methods(Round your average cost per unit to 2 decimal places) he HIPO LIFO Weighted Average Specific Identification Bales Less Contos Got AL 1 OS Os 0 1 5. The company's manager as a bonus based on a percent of gross profit. Which method of inventory costing produces the onest bonus for the manager? Weighted Average FIFO LIFO Specific Identification