VICHWA Ny VICE PROVE Las HUWSLUI Date Montoure Company uses a periodic inventory system. It entered into the following calendar year purchases and sales transactions. Activities Units Acquired at.Cost Union et January 1 Besinning inventory 700 units $45.00 per unit February 10 Purchase 600 units $42.00 per unit March 13 Purchase 300 units $27.00 per unit March 15 Sales 1,200 units $75.00 per unit August 21 Purchase 200 units $50.00 per unit September Purchase Gourits $46.00 per unit September 10 Sales H0 units $75.00 per unit Total 2,400 units 2,000 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 3. Compute the cost assigned to ending inventory using (2) FIFO. (OLIFO. (d weighted average, and (c) specific identification. For specific identification, units sold consist of 700 units from beginning inventory, 400 from the February 10 purchase, 300 from the March 13 purchase. 150 from the August 21 purchase, and 450 from the September 5 purchase. (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollor amount.) Ending Inventory (a) FIFO (b) LIFO (c) Weighted average (d) Specific identification 4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollar amount.) FIFO LIFO Weighted Average Specific Identification Sales Less Cost of goods sold Gross profit