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QS 5-14 (Algo) Perpetual: Inventory costing with specific identification LO P1 Of the units sold, 8 are from the December 7 purchase and 7 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification. Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15 , Monson sells 15 units for $29 each. PurchasesonDecenber7PurchasesonDecenber14PurchasesonDecenber2110units$15.00cost20units$21.e8cost15units$23.00cost 2S 5 -13 (Algo) Perpetual: Inventory costing with weighted average LO P1 Petermine the costs assigned to ending inventory when costs are assigned based on the weighted average method, (Round your per anit costs to 2 decimal places.) QS 5-13 (Algo) Perpetual: Inventory costing with weighted average LO P1 Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Exercise 5-16 (Algo) Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items. Compute the lower of cost or market for ending inventory applied separately to each product. QS 5-23 (Algo) Applying LCM to inventories LO P2 Ames Trading Company has the following products in its ending inventory. Compute lower of cost or market for inventory applied separately to each product. Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Problem 5-1A (Algo) Part 4 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 65 units from beginning inventory, 195 units from the March 5 purchase, 45 units from the March 18 purchase, and 85 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.)