Mortoure Company uses a petlodic inventory system. It entered into the following calendar year purchases and sales transactions. Date Activities Units Acquired at Cost Units Sold at Retall San 1 Beginning inventory 700 units $40.00 per unit Feb. 10 Durchase 450 units@ $37.00 per unit Mar. 13 Purchase 358 units $22.00 per unit Mar. 15 Sales ase units 570.00 per unit Aug 21 Purchase 200 units 545.00 per unit Sept. 5 Purchase 600 units $41.00 per unit Sept. 10 Sales units $70.00 per unit Totals 2.200 units 1,650 units Required 1. Compute cost of goods available for sale and the number of units available for sale Cost of goods we toate Number of units witor sale units 2. Compute the number of units in ending invertory 3. Compute the cost assigned to ending inventory using (0) FIFO, (B) LIFO. (a weighted average, and (c) specific identification. For specific identification units sold consist of 700 units from beginning inventory, 250 from the February 10 purchase, 250 from the March 13 purchase, 100 from the August 21 purchase, and 350 trom the September 5 purchase (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollar amount.) Ending inventory (a) FIFO b) LIFO c) Weighted average d) Specific identification 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. Round your final answers to the nearest whole dollar amount.) FIFO LIFO Weighted Averago Specific Identification Cost of goods sold Groot 3 05 Os 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. Round your final answers to the nearest whole dollar amount.) FIFO LIFO Weighted Average Specin Identification Sales Less cost of goods sold Grosso 5 015 $ 5 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 O FIFO UFO Weighted Average Specific identification