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. Compute the cost assigned to ending inventory using (a) FIFO, (D) LIFO, (C) weighted average, and (d) specific identification. (For specific identification, units sold consist of 660 units from beginning inventory, 230 from the February 10 purchase, 110 from the March 13 purchase, 110 from the August 21 purchase, and 335 from the September 5 purchase.) Complete this question by entering your answers in the tabs below. Compute the cost assigned to ending inventory using firo. Note: Pround your average cont per unit to 2 decimal placen. Compute the cost assigned to ending inventory using LIFO. Note: Round your average cost per unit to 2 decimal places, Compute the cost assigned to ending inventory using weighted average. Note: Round your average cost per unit to 2 decimal places. Compute the cost assigned to ending imventory using specific identification. (For specificidentification, units sold consist of 660 units from beginning inventory, 236 from the February 10 purchase, 110 from the March 13 purchase, 110 from the August 21 purchase, and 335 from the 5 eptember 5 purchase.) 4. Compute gross profit eamed by the company for each of the four costing methods Note: Pound your average cost per unit to 2 decimal places. 5. The company's manoger earns a bonus based on a percent of gross profic. Which method of inventory costing produces the hiphest bonus for the manager? UFO Weighted Average pifo Specificidentification