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Show me step by step Solution Montoure Company uses a perpetual inventory system. It entered into the following calendar - year purchases and sales transactions.

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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions.
Required:
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 570 units from beginning inventory, 280 from the February 10 purchase, 190 from the March 13 purchase, 150 from the August 21 purchase, and 300 from the September 5 purchase.)
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\table[[Perpetual FIFO,Perpetual LIFO,\table[[Weighted],[Average]],\table[[Specific],[Identification]]]]
Compute the cost assigned to ending inventory using specific identification. (For specific identification, units sold consist of 570 units from from the February 10 purchase, 190 from the March 13 purchase, 150 from the August 21 purchase, and 300 from the September 5 purch
\table[[Specific Identification],[Date,Goods Available for Sale,Cost of Goods Sold,Ending Inventory],[\table[[# of],[units]],\table[[Cost],[per],[unit]],\table[[Cost of],[Goods],[Available],[for Sale]],\table[[# of],[units],[sold]],\table[[Cost],[per unit]],\table[[Cost of],[Goods],[Sold]],\table[[# of units],[in ending],[inventory]],\table[[Cost per],[unit]],\table[[Ending],[Inventory]]],[January 1,570,$50.00,28,500,570$,$50.00,$28,500,,50.00,0],[February 10,380,47.00,17,860,,47.00,0,,47.00,0],[March 13,190,35.00,6,650,190,35.00,6,650,,35.00,0],[August 21,200,55.00,11,000,,55.00,0,,55.00,0],[September 5,590,53.00,31,270,,,,,53.00,0],[Total,1,930,,95,280,760,,$35,150,0,,$
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