Problem 6-4AA Periodic: Alternative cost flows LO P3 Montoure Company uses a periodic Inventory system. It entered into the following calendar-year purchases and sales transactions. Jan. 1 Beginning Date Activities Units Acquired at Cost Units Sold at Retail inventory Feb. 10 Purchase 700 units @ $40.0 per unit 450 units $37.ee per unit 250 units @ $22.00 per unit Mar. 13 Purchase Mar. 15 Sales 850 units @ $70.00 per unit Aug. 21 Purchase 200 units@ $45.ee per unit 600 units @ $41.00 per unit Sept. 5 Purchase Sept. 10 Sales 800 units @ $70.00 per unit Totals 2,200 units 1,650 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 (FIFO, () LIFO. ( weighted average, and (o specific Identification. For specific identification units sold consist of 700 units from beginning inventory. 250 from the February 10 purchase, 250 from the March 13 purchase, 100 from the August 21 purchase, and 350 from the September 5 purchase. (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollar amount.) Ending Inventory ( (a) FIFO bLIFO (c) Weighted average Il Specific (d) identification