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Compute the cost assigned to ending inventory using weighted average. Note: Round your average cont...

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Accounting

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Compute the cost assigned to ending inventory using weighted average. Note: Round your average cont per unit to 2 decimal places, 5. The company's manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the manager? FFO LIFO Specilic identification LifO from the February 10 purchase, 150 from the March 13 purctiase, 100 from. (For specific identification, units sold consist of 600 units from beginning inventory, 300 purchase, 100 from the August 21 purchase, and 200 from the September 5 purchase.) Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transaction Required: 1. Compute cost of goods available for sale and the number of units avallable for sale. 2. Compute the number of units in ending inventory \begin{tabular}{|c|c|c|c|} \hline Perpetual FIFO Perpetual ufo & \begin{tabular}{c} Welghted \\ Average \end{tabular} & \begin{tabular}{c} Specific \\ Identification \end{tabular} \\ \hline \end{tabular} Compute the cost assigned to ending Inventory using FIFO. Note: Round your average cost per unit to 2 decimal places

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