ork i Saved Help Save & Exit s Check my v Problem 5-3A Perpetual: Alternative cost flows LO P1 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 600 units @ $60 per unit 480 units @ $57 per unit 120 units @ $42 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 785 units @ $80 per unit 180 units @ $65 per unit 470 units @ $63 per unit 650 units @ $80 per unit 1,435 units 1,850 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. 3. 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, 380 from the February 10 purchase, 120 from the March 13 purchase, 130 from the August 21 purchase, and 205 from the September 5 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific id Date HUI units CUSt per unit or uns sold Coupe Cost of Goods Sold unit # of units 600 @ Cost per unit $60.00 = v entury Balance $ 36,000.00 Jan 1 Feb 10 Mar 13 Mar 15 Aug 21 Sept 5 Sept 10 Totals $ 0.00 $ 0.00