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Montoure Compony uses o perpetual inventory syatem. It entered into the following cslenderyesr purchsses ond ssies tronsactions. bate January 2 Fotsuary 1 8 Narch 1
Montoure Compony uses o perpetual inventory syatem. It entered into the following cslenderyesr purchsses ond ssies tronsactions.
bate
January
Fotsuary
Narch
warch
August
Sopterter.
Siptenter
tableActivitiesUnits AcqAned at Cost,Units sold at fietailBeyinning inwntory,a units $ por undt.,Puchasesea units $ per undt,Purchase units $ por undt,Sales units $ por undtPurchase units $ por unit,Purchase units $ por und,Sales units $ por unitTotals units, units
Requlred:
Compute coat of goods ovsilable for sale and the number of units svilsble for sole.
tableCoct of goods avallable for sale,,Number of units avaliable for sale,,units
Compute the number of units in ending linventory.
Ending irventory
Turits
Compute the cost sa:igned to ending inventory using
a FIFO
b UFC,
c weighted overoge, and
d speclic identficotion
For specific identfication, units sold consiat of units from beginning inventory, from the February purchsse, from the Morch purchsse, from the August purchsse, ond from the September purchsse.
Complete this question by entering your answers in the tabs below.
Pripotual FIFO
Thepostual LIFO
Wiatsed
Spocific
Avirace
Iderificatian
Compute the coat aseigned to ending lirwentary using FIFO.
Note: Found your average coct per unit to decimal places.
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