e following table shows the total cost schedule for a perfectly competitive firm. The current price in this industry is

$$$$2020.$

Fill in the marginal revenue and marginal cost columns of the table. $($Enter your response as an$$ integer.$)$

Output$($units$)$

$($Q$)$

Total Cost

$($TC$)$

Marginal Revenue

$($MR$)$

Marginal Cost

$($MC$)$

$0$

$4040$

$--$

$--$

$1$

$4545$

$2020$

$55$

$2$

$5555$

$2020$

$1010$

$3$

$7070$

$2020$

$1515$

$4$

$9090$

$2020$

$2020$

$5$

$115115$

$2020$

$2525$

Part $2$

A$$ profit$-$maximizing firm will produce

enter your response here

units. $($Enter your response as an$$ integer.$)$ Ivanhoe Company Inc. had a beginning inventory of $110$ units of Product RST at a cost of $\backslash (\backslash$$ $7\backslash )$ per unit. During the year, purchases were:

Ivanhoe Company uses a periodic inventory system. Sales totaled $1,560$ units.

$($a$)$

Your answer is correct.

Determine the cost of goods available for sale.

The cost of goods available for sale

Calculate weighted$-$average cost per unit. $($Round answer to $3$ decimal places, e$.$g$.5\mathrm{.}125.)$

Weighted$-$average cost per unit

$\backslash$$

eTextbook and Media

Attempts: $2$ of $5$ used

$($b$)$

Your answer is incorrect.

Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods $($FIFO$,$ LIFO, and average$-$cost$).($Round answers to $0$ decimal places, e$.$g$.150.)$

$($c$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.