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please fill in the charts where the blue boxes are. thank you! Montoure Company uses a perpetual inventory system. It entered into the following calendar-year

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please fill in the charts where the blue boxes are. thank you!

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 615 units @ $45 per unit 430 units @ $42 per unit 215 units @ $27 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 830 units @ $75 per unit 115 units @ $50 per unit 545 units @ $46 per unit 660 units @ $75 per unit 1,490 units 1,920 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of goods available for sale Number of units available for sale units 2. Compute the number of units in ending inventory. Ending inventory | units 3. Compute the cost assigned to ending inventory using (a) FIFO. (b) LIFO, (C) weighted average, and (c) specific identification. (For specific identification, units sold consist of 615 units from beginning inventory, 330 from the February 10 purchase, 215 from the March 13 purchase, 65 from the August 21 purchase, and 265 from the September 5 purchase.) Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using LIFO. (Round your average cost per unit to 2 decimal places.) Perpetual LIFO: Goods Purchased Cost of Goods Sold Cost per Date # of units # of units sold Cost per Cost of Goods Sold unit Inventory Balance # of units Inventory unit Balance 615 @ $ 45.00 = $ 27 675.00 Cost per unit Jan 1 Feb 10 430 @ $ 42.00 615 @ $ 45.00 = $ 27,675.00 18,060.00 430 @ $ 42.00 = $ 45,735.00 Mar 13 215| @ $ 27.00 615 @ 430 @ 215 @ $ 45.00 = $ 42.00 = $ 27,675.00 18,060.00 5.805.00 $ 51,540.00 $ 27.00 = Mar 15 215 @ $ 27.00 $ @ $ 45,00 = $ 42.00 430 @ 615 @ 5.805.00 18.060.00 27,675.00 $ 45.00 = $ 51,540.00 Aug 21 115 @ $ 50.00 $ 45.00 @ @ $ 50.00 Sept 5 545 @ $ 46.00 @ @ $ 45.00 $ 50.00 $ 46.00 Sept 10 0 Totals $ 0.00 Cost of Goods Sold Weighted Average Perpetual: Goods Purchased # of Date units unit Jan 1 Cost per # of units sold Cost per Cost of Goods Sold Cost per unit Inventory Balance # of units Inventory unit Balance 615 @ $ 45.00 = $ 27,675.00 Feb 10 Average Mar 13 Mar 15 Aug 21 Average Sept 5 Sept 10 Totals $ 0.00 Specific Identification: Goods Purchased # of units Date Cost of Goods Sold # of units sold Cost of Goods Sold unit Cost per unit Cost per Inventory Balance Cost per # of units unit Inventory Balance 615 @ $ 45,00 = $ 27,675.00 January 1 February 10 March 13 March 15 Aug 21 Sep 5 Sep 10 Totals $ 0.00 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.) FIFO LIFO Weighted Average Specific Identification Sales Less: Cost of goods sold Gross profit $ 0 $ 0$ 0 $ 0 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 Weighted Average O FIFO O Specific Identification OLIFO

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