Problem 5-3A (Algo) Perpetual: Alternative cost flows LO P1 Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions. Required: 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory. 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 620 units from beginning inventory, 210 from the February 10 purchase, 120 from the March 13 purchase, 140 from the August 21 purchase, and 390 from the September 5 purchase.) Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using FIFO. (Round your average cost per unit to 2 decimal places.) Perpetual LiFo ? Compute the cost assigned to ending inventory using LiFO. (Round vour average cost per unit to 2 decimal piaces.) Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) 3. Compute the cost assigned to ending inventory using (a) FFFO, (b) LFO. (C) welghted average, and (o) specific identification. (For specific identification, units sold consist of 620 unhts from beginning inventory, 210 from the February 10 purchase, 120 from the March 13 purchase, 140 from the August 21 purchase, and 390 from the September 5 purchase.) Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending ieventory usiog specific identification. (For specific identification, units fold consist of 620 units from begianing inventery, 210 from the February 10 purchase, 120 from the March 13 purchase, 140 from the August 21 purchase, and 390 from the Septersber 5 purchase.) 4. Compute gross protit earnad by the company for asch of the four costing methods. thound your ayerage cost per unit to 2 dechmal places.) 5. The company's manager earns a bcnus bosed on a percent of gross prote. Which method of inventory costing produces the hlighest bonus for the manaper? Specitic ldenticication FIFO Weighted Average LIFO